Today we'll analyze the stock YUKON-NEVADA GOLD CO
Today we'll analyze the stock
YUKON-NEVADA GOLD COM NPV (YNG.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in YUKON-NEVADA GOLD COM NPV (YNG.TO)
1- Last bearish trend was from 0.19$ (5/27/2009) to 0.14$ (6/3/2009) a 0.05$ move
2- The current bullish trend started from 0.14$ at 6/3/2009 and is currently trading at 0.15$.
3- YNG.TO current support level is at 0.14 which is the 0.00% fibonacci retracement of the last 0.05$ move.
4- YNG.TO current resistance level is at 0.15 which is the 23.60% fibonacci retracement of the last 0.05$ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
YUKON-NEVADA GOLD COM NPV (YNG.TO) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 0.19.
YUKON-NEVADA GOLD COM NPV (YNG.TO) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 0.14 and 0.12, and is currently supporting at 0.142609.
YUKON-NEVADA GOLD COM NPV (YNG.TO) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.12.
Stock Trading Conclusion:
YUKON-NEVADA GOLD COM NPV (YNG.TO) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.152, 0.159, 0.165, 0.171, 0.190, 0.204, 0.221.
Stock Support levels : 0.148, 0.146, 0.145, 0.144, 0.143, 0.140,.