Stock Technical indicators to notice in SCANDI PRIV EQUITY (SPEAS.CO)
1- Last bullish trend was from 12,800.00 $ (12/2/2011) to 14,490.00 $ (2/17/2012) a 1,690.00 $ move 2- The current bearish trend started from 14,490.00 $ at 2/17/2012 and is currently trading at 14,200.00 $.
4- SPEAS.CO current resistance level is at 14,490.00 which is the 0.00 % fibonacci retracement of the last 1,690.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SCANDI PRIV EQUITY (SPEAS.CO) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 12,800.000 and 12,650.000, and is currently supporting at 13,121.429.
SCANDI PRIV EQUITY (SPEAS.CO) Mid term stock chart patterns for internet stock trading :
None.
SCANDI PRIV EQUITY (SPEAS.CO) Long term stock chart patterns for internet stock trading :
7- The Stock traded in a bullish stock channel identifed by support at 12,650.000 and 10,750.000,resistance between 14,000.000 and 11,900.000 which was broken down at 14,200.000.
Stock Trading Conclusion:
SCANDI PRIV EQUITY (SPEAS.CO) was trading in a bearish wave, which is becoming weaker .
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 : 14,223.12, 14,268.44, 14,310.78, 14,345.00, 14,379.22, 14,490.00,.
Stock Support levels : 14,091.16, 13,844.42, 13,645.00, 13,445.58, 13,121.43, 12,800.00, 12,340.32,.
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