Stock Technical indicators to notice in ST. GEORGE BANK (GG1.BE)
1- Last bullish trend was from 12.70 $ (10/28/2008) to 15.56 $ (11/5/2008) a 2.86 $ move 2- The current bearish trend started from 15.56 $ at 11/5/2008 and is currently trading at 11.77 $.
4- GG1.BE current resistance level is at 11.92 which is the 127.20 % fibonacci retracement of the last 2.86 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
ST. GEORGE BANK (GG1.BE) Short term stock chart patterns for internet stock trading :
None.
ST. GEORGE BANK (GG1.BE) Mid term stock chart patterns for internet stock trading :
None.
ST. GEORGE BANK (GG1.BE) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 12.700 and 12.260 that was broken down at 12.130 transforming into a resistance line.
Stock Trading Conclusion:
ST. GEORGE BANK (GG1.BE) was trading in a bearish wave, which is becoming stronger .
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 : 11.92, 12.66, 12.70, 13.18, 13.22, 13.67, 13.79, 14.11, 14.13, 14.47, 14.89, 15.56,.
Stock Support levels : 10.93.
Related Stocks
| MINTAILS |
| GUYANA GOLDFIELDS |
| GLOBAL GREEN TECH |
| AMBRIAN CAPITAL |
| GGL DIAMOND |