Stock Technical indicators to notice in SINO GOLF HOLD (0361.HK)
1- Last bullish trend was from 0.35 $ (4/26/2012) to 0.40 $ (5/2/2012) a 0.05 $ move 2- The current bearish trend started from 0.40 $ at 5/2/2012 and is currently trading at 0.37 $.
4- 0361.HK current resistance level is at 0.38 which is the 50.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SINO GOLF HOLD (0361.HK) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.350 .
SINO GOLF HOLD (0361.HK) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.350 .
SINO GOLF HOLD (0361.HK) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 0.350 and 0.340, and is currently supporting at 0.351.
Stock Trading Conclusion:
SINO GOLF HOLD (0361.HK) 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 : 0.375, 0.377, 0.381, 0.381, 0.385, 0.388, 0.389, 0.400,.
Stock Support levels : 0.369, 0.351, 0.350, 0.336,.
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