Stock Technical indicators to notice in ORO SILVER RESOURCES LTD (Tier2 (OSR.V)
1- Last bullish trend was from 0.09 $ (10/8/2010) to 0.12 $ (10/13/2010) a 0.03 $ move 2- The current bearish trend started from 0.12 $ at 10/13/2010 and is currently trading at 0.10 $.
4- OSR.V current resistance level is at 0.10 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
ORO SILVER RESOURCES LTD (Tier2 (OSR.V) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 0.090 and 0.080,resistance between 0.120 and 0.110 which was broken down at 0.100.
ORO SILVER RESOURCES LTD (Tier2 (OSR.V) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bullish stock channel identifed by support at 0.090 and 0.080,resistance between 0.120 and 0.110 which was broken down at 0.100.
ORO SILVER RESOURCES LTD (Tier2 (OSR.V) Long term stock chart patterns for internet stock trading :
8- The Stock traded in a bullish stock channel identifed by support at 0.090 and 0.080,resistance between 0.120 and 0.110 which was broken down at 0.100.
Stock Trading Conclusion:
ORO SILVER RESOURCES LTD (Tier2 (OSR.V) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 0.101, 0.105, 0.105, 0.108, 0.109, 0.110, 0.110, 0.112, 0.113, 0.120,.
Stock Support levels : 0.090, 0.082, 0.080,.
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