Stock Technical indicators to notice in MONSTER URANIUM CORP (Tier2) (MU.V)
1- Last bullish trend was from 0.10 $ (4/19/2012) to 0.11 $ (4/27/2012) a 0.01 $ move 2- The current bearish trend started from 0.11 $ at 4/27/2012 and is currently trading at 0.10 $.
4- MU.V current resistance level is at 0.10 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
MONSTER URANIUM CORP (Tier2) (MU.V) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 0.040 $ height triangle which was broken down at 0.100 in higher than usual volume, target of the pattern is 0.060.
MONSTER URANIUM CORP (Tier2) (MU.V) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 0.040 $ height triangle which was broken down at 0.100 in higher than usual volume, target of the pattern is 0.060.
MONSTER URANIUM CORP (Tier2) (MU.V) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 0.040 $ height triangle which was broken down at 0.100 in higher than usual volume, target of the pattern is 0.060.
Stock Trading Conclusion:
MONSTER URANIUM CORP (Tier2) (MU.V) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 0.102, 0.104, 0.105, 0.106, 0.108, 0.110, 0.113,.
Stock Support levels : 0.097, 0.094, 0.060,.
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