Stock Technical indicators to notice in RIO CRISTAL ZINC CORP (Tier2) (RCZ.V)
1- Last bullish trend was from 0.08 $ (8/13/2010) to 0.15 $ (8/26/2010) a 0.07 $ move 2- The current bearish trend started from 0.15 $ at 8/26/2010 and is currently trading at 0.13 $.
4- RCZ.V current resistance level is at 0.13 which is the 23.60 % fibonacci retracement of the last 0.07 $ 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.
RIO CRISTAL ZINC CORP (Tier2) (RCZ.V) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.080 .
RIO CRISTAL ZINC CORP (Tier2) (RCZ.V) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.080 .
RIO CRISTAL ZINC CORP (Tier2) (RCZ.V) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.080 .
Stock Trading Conclusion:
RIO CRISTAL ZINC CORP (Tier2) (RCZ.V) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 0.133, 0.135, 0.138, 0.140, 0.142, 0.150,.
Stock Support levels : 0.123, 0.115, 0.107, 0.080, 0.061, 0.050,.