Stock Technical indicators to notice in BEAR LAKE GOLD LTD (NFX.V)
1- Last bullish trend was from 6.00 $ (4/11/2012) to 6.25 $ (4/12/2012) a 0.25 $ move 2- The current bearish trend started from 6.25 $ at 4/12/2012 and is currently trading at 6.10 $.
4- NFX.V current resistance level is at 6.13 which is the 50.00 % fibonacci retracement of the last 0.25 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
BEAR LAKE GOLD LTD (NFX.V) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 6.000 .
7- The Stock formed a 0.500 $ height triangle which was broken up at 6.000, target of the pattern is 6.500.
BEAR LAKE GOLD LTD (NFX.V) Mid term stock chart patterns for internet stock trading :
8- The Stock formed a 9.100 $ height triangle which was broken up at 6.000 in higher than usual volume, target of the pattern is 15.100 which was broken down at 6.500 in higher than usual volume, target of the pattern is -2.600.
BEAR LAKE GOLD LTD (NFX.V) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
BEAR LAKE GOLD LTD (NFX.V) was trading in a bullish wave, which is becoming weaker .
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 : 6.13, 6.14, 6.15, 6.16, 6.18, 6.19, 6.19, 6.25, 6.50, 10.32, 15.10.
Stock Support levels : 6.10, 6.00, 5.93, 5.85, 4.72, 4.13,.
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