Today we'll analyze the Stock USSE for online market trading,
Technical indicators to notice:
1- Last bullish trend was from 0.03$ (02/22/08) to 0.04$ (02/29/08) a 0.01$ move
2- The current bearish trend started from 0.04$ at 02/29/08 and is currently trading at 0.03$.
3- The stock current support level is at 0.03 which is the 127.20% fibonacci retracement of the last 0.01$ move.
4- The stock current resistance level is at 0.03 which is the 100.00% fibonacci retracement of the last 0.01$ move.
5- According to ADX, the trend is currently bullish, which is getting stronger.
Short term chart patterns :
6- The Stock formed Double Top Pattern at 0.04.
7- The Stock formed a 0.03$ height triangle which was broken down at 0.03, target of the pattern is 0.
Mid term chart patterns :
8- The Stock formed Double Top Pattern at 0.04.
9- The Stock formed a 0.03$ height triangle which was broken down at 0.03, target of the pattern is 0.
Long term chart patterns :
10- The Stock formed Double Top Pattern at 0.04.
11- The Stock formed a 0.03$ height triangle which was broken down at 0.03, target of the pattern is 0.
Conclusion:
USSE was trading in a bullish wave, which is becoming stronger .
Technical indicators and chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy .
Resistance Levels: 0.032, 0.034, 0.035, 0.036, 0.036, 0.038, 0.040, 0.110, 0.190.
Support Levels: 0.027, 0.024,
We Moved!!
Please check our new site : The stocks profit, for
Stock Research
you can also subscribe to its RSS feeds or newsletter to get updated when new analysis is posted
GO ahead and click in!read the latest technical analyis of all the TSX, NYSE, NASDAQ, AMEX stocks and find
hot stocks
enjoy
Shadi
Stock Research
you can also subscribe to its RSS feeds or newsletter to get updated when new analysis is posted
GO ahead and click in!read the latest technical analyis of all the TSX, NYSE, NASDAQ, AMEX stocks and find
hot stocks
enjoy
Shadi
Monday, March 24, 2008
U S SUSTAINABLE ENERGY CORP (USSE) Technical Analysis
That's all for today ... thanks for reading the post,
come back soon for more updates,
use the search to lookup for more interesting stocks you might be interested in,
feel free to leave your comments on the post, or contact me
enjoy your online market trading!!
have a nice day,
Shadi
to get back to main page click here .
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment