SELWYN RESOURCES LTD (Tier1) (CDNX: SWN.V) (CVE:SWN) Stock Research Trends Targets and Technical Analysis - TSX Venture toronto stock exchange [en]

Today we will analyze the stock SELWYN RESOURCES LTD (Tier1) (SWN.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in SELWYN RESOURCES LTD (Tier1) (SWN.V)
1- Last bullish trend was from 0.19 $ (3/9/2010) to 0.21 $ (3/11/2010) a 0.02 $ move 2- The current bearish trend started from 0.21 $ at 3/11/2010 and is currently trading at 0.20 $. 3- SWN.V current support level is at 0.20 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
4- SWN.V current resistance level is at 0.20 which is the 38.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SELWYN RESOURCES LTD (Tier1) (SWN.V) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 0.190 and 0.170,resistance between 0.210 and 0.200, the stock channel is currently supported from below by 0.200 and resisted from above by 0.213.
SELWYN RESOURCES LTD (Tier1) (SWN.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.250 and 0.260, and is currently resisting at 0.206.
SELWYN RESOURCES LTD (Tier1) (SWN.V) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.250 and 0.260, and is currently resisting at 0.206.

Stock Trading Conclusion:
SELWYN RESOURCES LTD (Tier1) (SWN.V) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.202, 0.202, 0.204, 0.205, 0.205, 0.206, 0.206, 0.210,.
Stock Support levels : 0.200, 0.198, 0.190, 0.185,.