Stock Technical indicators to notice in Sekawan Intipratama Tbk (SIAP.JK)
1- Last bearish trend was from 105.00 $ (1/13/2012) to 96.00 $ (1/17/2012) a 9.00 $ move 2- The current bullish trend started from 96.00 $ at 1/17/2012 and is currently trading at 360.00 $.
Sekawan Intipratama Tbk (SIAP.JK) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 105.000 and 110.000 that was broken up at 102.000 transforming into a supporting line.
Sekawan Intipratama Tbk (SIAP.JK) Mid term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 96.000 and 89.000, and is currently supporting at 99.063.
Sekawan Intipratama Tbk (SIAP.JK) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 96.000 and 89.000, and is currently supporting at 99.063.
Stock Trading Conclusion:
Sekawan Intipratama Tbk (SIAP.JK) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : .
Stock Support levels : 297.70, 259.15, 228.00, 196.85, 99.06, 96.00,.
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