Stock Technical indicators to notice in SAGE GRP (SGK.F)
1- Last bearish trend was from 3.58 $ (4/10/2012) to 3.40 $ (4/18/2012) a 0.18 $ move 2- The current bullish trend started from 3.40 $ at 4/18/2012 and is currently trading at 3.55 $.
4- SGK.F current resistance level is at 3.58 which is the 100.00 % fibonacci retracement of the last 0.18 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
SAGE GRP (SGK.F) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 3.580 and 3.600 that was broken up at 3.510 transforming into a supporting line.
SAGE GRP (SGK.F) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 3.490 and 3.040 that was broken down at 3.710 transforming into a resistance line.
SAGE GRP (SGK.F) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
SAGE GRP (SGK.F) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 3.58, 3.63, 3.69, 4.12.
Stock Support levels : 3.51, 3.51, 3.49, 3.49, 3.47, 3.47, 3.46, 3.46, 3.44, 3.40,.