Tech/ops Sevcon (AMEX: TO) (AMEX:TO) Stock Research Trends Targets and Technical Analysis - AMEX American exchange [en]

Today we will analyze the stock Tech/ops Sevcon (TO) for internet stock trading in the AMEX stock market,
Stock Technical indicators to notice in Tech/ops Sevcon (TO)
1- Last bearish trend was from 4.10 $ (3/11/2010) to 3.72 $ (3/12/2010) a 0.38 $ move 2- The current bullish trend started from 3.72 $ at 3/12/2010 and is currently trading at 3.98 $. 3- TO current support level is at 3.95 which is the 61.80 % fibonacci retracement of the last 0.38 $ move.
4- TO current resistance level is at 4.10 which is the 100.00 % fibonacci retracement of the last 0.38 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Tech/ops Sevcon (TO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 3.720 .
Tech/ops Sevcon (TO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 3.720 .
Tech/ops Sevcon (TO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 1.460 $ height triangle.

Stock Trading Conclusion:
Tech/ops Sevcon (TO) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 4.10, 4.20, 4.33.
Stock Support levels : 3.97, 3.95, 3.92, 3.91, 3.88, 3.87, 3.85, 3.82, 3.81, 3.72,.