Stock Technical indicators to notice in EXPLOR RESOURCES INC. (Tier2) (EXS.V)
1- Last bullish trend was from 0.16 $ (5/3/2012) to 0.17 $ (5/4/2012) a 0.01 $ move 2- The current bearish trend started from 0.17 $ at 5/4/2012 and is currently trading at 0.16 $.
4- EXS.V current resistance level is at 0.16 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
EXPLOR RESOURCES INC. (Tier2) (EXS.V) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.160 .
7- The Stock formed a 0.020 $ height triangle.
EXPLOR RESOURCES INC. (Tier2) (EXS.V) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.160 .
9- The Stock formed a 0.030 $ height triangle.
EXPLOR RESOURCES INC. (Tier2) (EXS.V) Long term stock chart patterns for internet stock trading :
10- The Stock was resisted by a resistance line, identified by two points: 0.180 and 0.190, and is currently resisting at 0.176.
Stock Trading Conclusion:
EXPLOR RESOURCES INC. (Tier2) (EXS.V) was trading in a strong bearish 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 : 0.162, 0.164, 0.165, 0.166, 0.168, 0.170, 0.176, 0.190.
Stock Support levels : 0.157,.
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