Stock Technical indicators to notice in SILVERBACK MEDIA (SVD.F)
1- Last bearish trend was from 0.14 $ (2/28/2008) to 0.12 $ (3/10/2008) a 0.02 $ move 2- The current bullish trend started from 0.12 $ at 3/10/2008 and is currently trading at 0.15 $.
4- SVD.F current resistance level is at 0.15 which is the 161.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SILVERBACK MEDIA (SVD.F) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.120 .
7- The Stock formed Double Top Pattern at 0.140 that failed, and formed a support .
SILVERBACK MEDIA (SVD.F) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.120 .
9- The Stock formed Double Top Pattern at 0.140 that failed, and formed a support .
SILVERBACK MEDIA (SVD.F) Long term stock chart patterns for internet stock trading :
10- The Stock formed Double Bottom Pattern at 0.120 .
11- The Stock formed Double Top Pattern at 0.140 that failed, and formed a support .
Stock Trading Conclusion:
SILVERBACK MEDIA (SVD.F) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 0.152.
Stock Support levels : 0.145, 0.143, 0.140, 0.139, 0.135, 0.132, 0.131, 0.130, 0.128, 0.125, 0.120,.
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