Stock Technical indicators to notice in SANTOY RESOURCES LTD. (Tier2) (SAN.V)
1- Last bearish trend was from 0.12 $ (7/20/2009) to 0.11 $ (7/22/2009) a 0.01 $ move 2- The current bullish trend started from 0.11 $ at 7/22/2009 and is currently trading at 0.12 $.
4- SAN.V current resistance level is at 0.12 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
SANTOY RESOURCES LTD. (Tier2) (SAN.V) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 0.110 and 0.100, and is currently supporting at 0.113.
SANTOY RESOURCES LTD. (Tier2) (SAN.V) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 0.110 and 0.100, and is currently supporting at 0.113.
SANTOY RESOURCES LTD. (Tier2) (SAN.V) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.100 .
9- The Stock formed Double Top Pattern at 0.110 that failed, and formed a support .
Stock Trading Conclusion:
SANTOY RESOURCES LTD. (Tier2) (SAN.V) was trading in a strong bullish wave, which is becoming stronger .
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 : 0.123, 0.126.
Stock Support levels : 0.118, 0.116, 0.115, 0.114, 0.113, 0.112, 0.110,.
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