Stock Technical indicators to notice in WEST STREET CAPITAL CORPORATION (WSC.V)
1- Last bullish trend was from 0.17 $ (11/22/2011) to 0.18 $ (11/30/2011) a 0.01 $ move 2- The current bearish trend started from 0.18 $ at 11/30/2011 and is currently trading at 0.13 $.
WEST STREET CAPITAL CORPORATION (WSC.V) Short term stock chart patterns for internet stock trading :
4- The Stock traded in a bearish stock channel identifed by support at 0.170 and 0.180,resistance between 0.180 and 0.190 which was broken down at 0.130 in higher than usual volume.
WEST STREET CAPITAL CORPORATION (WSC.V) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 0.210 and 0.230, and is currently resisting at 0.164.
WEST STREET CAPITAL CORPORATION (WSC.V) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 0.080 $ height triangle which was broken down at 0.180 in higher than usual volume, target of the pattern is 0.100.
Stock Trading Conclusion:
WEST STREET CAPITAL CORPORATION (WSC.V) was trading in a strong bearish wave, which is becoming weaker .
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 : 0.142, 0.143, 0.149, 0.155, 0.161, 0.164, 0.180, 0.405.
Stock Support levels : 0.100.
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