Stock Technical indicators to notice in AVION RESOURCES CORP (Tier2) (AVR.V)
1- Last bearish trend was from 1.55 $ (12/10/2010) to 1.44 $ (12/14/2010) a 0.11 $ move 2- The current bullish trend started from 1.44 $ at 12/14/2010 and is currently trading at 1.77 $.
AVION RESOURCES CORP (Tier2) (AVR.V) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 0.170 $ height triangle which was broken up at 1.550 in higher than usual volume, target of the pattern is 1.720.
AVION RESOURCES CORP (Tier2) (AVR.V) Mid term stock chart patterns for internet stock trading :
5- The Stock formed a 0.170 $ height triangle which was broken up at 1.550 in higher than usual volume, target of the pattern is 1.720.
AVION RESOURCES CORP (Tier2) (AVR.V) Long term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 1.410 and 0.500,resistance between 1.580 and 0.590 which was broken up at 1.770.
Stock Trading Conclusion:
AVION RESOURCES CORP (Tier2) (AVR.V) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : .
Stock Support levels : 1.76, 1.69, 1.64, 1.61, 1.57, 1.50,.
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