Stock Technical indicators to notice in ALTAI RESOURCES INC (Tier2) (ATI.V)
1- Last bearish trend was from 0.11 $ (4/24/2012) to 0.10 $ (5/3/2012) a 0.01 $ move 2- The current bullish trend started from 0.10 $ at 5/3/2012 and is currently trading at 0.11 $.
4- ATI.V current resistance level is at 0.11 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
ALTAI RESOURCES INC (Tier2) (ATI.V) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.100 .
7- The Stock formed a 0.020 $ height triangle which was broken up at 0.110 in higher than usual volume, target of the pattern is 0.130.
ALTAI RESOURCES INC (Tier2) (ATI.V) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.100 .
9- The Stock formed a 0.020 $ height triangle which was broken up at 0.110 in higher than usual volume, target of the pattern is 0.130.
ALTAI RESOURCES INC (Tier2) (ATI.V) Long term stock chart patterns for internet stock trading :
10- The Stock formed Double Bottom Pattern at 0.100 .
11- The Stock formed a 0.020 $ height triangle which was broken up at 0.110 in higher than usual volume, target of the pattern is 0.130.
Stock Trading Conclusion:
ALTAI RESOURCES INC (Tier2) (ATI.V) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 0.113, 0.116, 0.130,.
Stock Support levels : 0.108, 0.106, 0.105, 0.104, 0.104, 0.102, 0.100,.
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