Stock Technical indicators to notice in SUNITE CHEMI (SUNITEE.BO)
1- Last bullish trend was from 0.21 $ (4/16/2012) to 0.22 $ (4/18/2012) a 0.01 $ move 2- The current bearish trend started from 0.22 $ at 4/18/2012 and is currently trading at 0.20 $.
SUNITE CHEMI (SUNITEE.BO) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 0.210 that failed and formed a resistance.
5- The Stock formed Double Top Pattern at 0.220 .
SUNITE CHEMI (SUNITEE.BO) Mid term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.230 and 0.260, and is currently resisting at 0.209.
SUNITE CHEMI (SUNITEE.BO) Long term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.200 .
8- The Stock formed a 0.090 $ height triangle.
Stock Trading Conclusion:
SUNITE CHEMI (SUNITEE.BO) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.205, 0.208, 0.209, 0.210, 0.210, 0.212, 0.220,.
Stock Support levels :.
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