WGI Heavy Minerals Inc (: WG) (:WG) Stock Research Trends Targets and Technical Analysis - [en]

Today we will analyze the stock WGI Heavy Minerals Inc (WG) for internet stock trading in the TSX stock market,
Stock Technical indicators to notice in WGI Heavy Minerals Inc (WG)
1- Last bullish trend was from 14.70 $ (3/2/2010) to 15.43 $ (3/5/2010) a 0.73 $ move 2- The current bearish trend started from 15.43 $ at 3/5/2010 and is currently trading at 12.47 $. 3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
WGI Heavy Minerals Inc (WG) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 1.590 $ height triangle which was broken down at 13.040 in higher than usual volume, target of the pattern is 11.450.
WGI Heavy Minerals Inc (WG) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 15.630 and 18.430, and is currently resisting at 14.095.
WGI Heavy Minerals Inc (WG) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 15.630 and 18.430, and is currently resisting at 14.095.

Stock Trading Conclusion:
WGI Heavy Minerals Inc (WG) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 13.17, 13.60, 13.95, 14.09, 14.30, 15.10, 15.43.
Stock Support levels : 11.45.