Stock Technical indicators to notice in SWEET CHINA (SWC.L)
1- Last bullish trend was from 0.60 $ (5/4/2010) to 1.00 $ (5/6/2010) a 0.40 $ move 2- The current bearish trend started from 1.00 $ at 5/6/2010 and is currently trading at 0.42 $.
4- SWC.L current resistance level is at 0.49 which is the 127.20 % fibonacci retracement of the last 0.40 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
SWEET CHINA (SWC.L) Short term stock chart patterns for internet stock trading :
None.
SWEET CHINA (SWC.L) Mid term stock chart patterns for internet stock trading :
None.
SWEET CHINA (SWC.L) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
SWEET CHINA (SWC.L) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.491, 0.557, 0.600, 0.642, 0.710, 0.753, 0.778, 0.800, 0.847, 0.906, 1.000, 1.120.
Stock Support levels : 0.353.
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