Stock Technical indicators to notice in SY PUBLIC UTIL -H- (SH3.BE)
1- Last bullish trend was from 0.04 $ (3/4/2011) to 0.05 $ (3/7/2011) a 0.01 $ move 2- The current bearish trend started from 0.05 $ at 3/7/2011 and is currently trading at 0.04 $.
4- SH3.BE current resistance level is at 0.04 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SY PUBLIC UTIL -H- (SH3.BE) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 0.040 and 0.050,resistance between 0.050 and 0.060, the stock channel is currently supported from below by 0.033 and resisted from above by 0.043.
SY PUBLIC UTIL -H- (SH3.BE) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bearish stock channel identifed by support at 0.040 and 0.050,resistance between 0.050 and 0.060, the stock channel is currently supported from below by 0.033 and resisted from above by 0.043.
SY PUBLIC UTIL -H- (SH3.BE) Long term stock chart patterns for internet stock trading :
8- The Stock traded in a bearish stock channel identifed by support at 0.040 and 0.050,resistance between 0.050 and 0.060, the stock channel is currently supported from below by 0.033 and resisted from above by 0.043.
Stock Trading Conclusion:
SY PUBLIC UTIL -H- (SH3.BE) 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 : 0.042, 0.044, 0.045, 0.046, 0.048, 0.050,.
Stock Support levels : 0.037,.
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