Stock Technical indicators to notice in SELWYN RESOURCES LTD (Tier1) (SWN.V)
1- Last bearish trend was from 0.24 $ (8/18/2010) to 0.18 $ (8/31/2010) a 0.06 $ move 2- The current bullish trend started from 0.18 $ at 8/31/2010 and is currently trading at 0.19 $.
4- SWN.V current resistance level is at 0.19 which is the 23.60 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
SELWYN RESOURCES LTD (Tier1) (SWN.V) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.180 .
SELWYN RESOURCES LTD (Tier1) (SWN.V) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.180 .
SELWYN RESOURCES LTD (Tier1) (SWN.V) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.180 .
Stock Trading Conclusion:
SELWYN RESOURCES LTD (Tier1) (SWN.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 : 0.194, 0.203, 0.210, 0.217, 0.240, 0.256, 0.277.
Stock Support levels : 0.188, 0.186, 0.185, 0.184, 0.180,.