Ballard Power

Ballard Power

Ballard Power Systems, located in BurnabyBritish Columbia — a suburb of Vancouver — is a company that designs, develops, and manufactures zero emission proton-exchange-membranefuel cells. Ballard Power Systems, Inc. is a global leader in PEM (proton exchange membrane) fuel cell technology. Ballard has designed and shipped close to 150 MW of hydrogen fuel cell technology to date.
Ballard Power Systems was originally founded as Ballard Research by Dr. Geoffrey Ballard, Paul Howard, and Keith Prater. The company went public in 1993 on the Toronto Exchange, and in 1995, listed on NASDAQ. (http://en.wikipedia.org/wiki/Ballard_Power_Systems
30 minute atr
240 minute atr
daily atr
weekly atr
P.S. @DougKass, this is not yet the time/place to short.
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a look at IWM

30 minute atr trend – bearish
240 minute atr trend – bearish

daily pivots – provided support on Friday

weekly pivots – no support

short term retracement found initial support at 78.6% – as would be expected

longer term retracements – could expect more downside

daily retracements – if this is a pullback – has plenty of room on the downside

240 minute regression channels

daily regression channel

price support and resitance levels