Today we will analyze the stock WESTERN URANIUM CORPORATION (Ti (WUC.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in WESTERN URANIUM CORPORATION (Ti (WUC.V)
1- Last bullish trend was from 0.97 $ (3/24/2011) to 1.03 $ (3/31/2011) a 0.06 $ move 2- The current bearish trend started from 1.03 $ at 3/31/2011 and is currently trading at 0.98 $.
3- WUC.V current support level is at 0.97 which is the 100.00 % fibonacci retracement of the last 0.06 $ move.
4- WUC.V current resistance level is at 0.99 which is the 61.80 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
WESTERN URANIUM CORPORATION (Ti (WUC.V) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.970 and 0.950 that was broken down at 0.980 transforming into a resistance line.
WESTERN URANIUM CORPORATION (Ti (WUC.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.160 and 1.170, and is currently resisting at 1.087.
WESTERN URANIUM CORPORATION (Ti (WUC.V) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 1.170 .
9- The Stock formed a 0.200 $ height triangle which was broken down at 1.090, target of the pattern is 0.890.

Stock Trading Conclusion:
WESTERN URANIUM CORPORATION (Ti (WUC.V) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.992, 0.993, 0.993, 0.999, 1.000, 1.005, 1.007, 1.011, 1.016, 1.030, 1.087, 1.170, 1.184.
Stock Support levels : 0.970, 0.954, 0.933,.