Stock Technical indicators to notice in SJ CORP LTD (SJCORP.BO)
1- Last bearish trend was from 60.75 $ (3/12/2012) to 43.80 $ (5/2/2012) a 16.95 $ move 2- The current bullish trend started from 43.80 $ at 5/2/2012 and is currently trading at 45.95 $.
4- SJCORP.BO current resistance level is at 47.80 which is the 23.60 % fibonacci retracement of the last 16.95 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
SJ CORP LTD (SJCORP.BO) Short term stock chart patterns for internet stock trading :
None.
SJ CORP LTD (SJCORP.BO) Mid term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 60.750 and 74.020, and is currently resisting at 55.861.
SJ CORP LTD (SJCORP.BO) Long term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 60.750 and 74.020, and is currently resisting at 55.861.
Stock Trading Conclusion:
SJ CORP LTD (SJCORP.BO) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 47.80, 50.27, 52.28, 54.28, 55.86, 60.75, 65.36, 71.23.
Stock Support levels : 45.44, 45.13, 44.88, 44.62, 43.80,.
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