Stock Technical indicators to notice in MIRASOL RESOURCES LTD. (Tier2) (MRZ.V)
1- Last bullish trend was from 2.36 $ (4/24/2012) to 3.00 $ (5/1/2012) a 0.64 $ move 2- The current bearish trend started from 3.00 $ at 5/1/2012 and is currently trading at 2.60 $.
4- MRZ.V current resistance level is at 2.60 which is the 61.80 % fibonacci retracement of the last 0.64 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
MIRASOL RESOURCES LTD. (Tier2) (MRZ.V) Short term stock chart patterns for internet stock trading :
None.
MIRASOL RESOURCES LTD. (Tier2) (MRZ.V) Mid term stock chart patterns for internet stock trading :
None.
MIRASOL RESOURCES LTD. (Tier2) (MRZ.V) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 3.000 and 4.450, and is currently resisting at 2.916.
Stock Trading Conclusion:
MIRASOL RESOURCES LTD. (Tier2) (MRZ.V) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 2.60, 2.68, 2.69, 2.75, 2.76, 2.80, 2.85, 2.85, 2.92, 3.00,.
Stock Support levels : 2.36, 2.19,.
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