Stock Technical indicators to notice in SEGA SAMMY HOLDINGS (RYU.MU)
1- Last bearish trend was from 14.57 $ (2/28/2012) to 14.13 $ (3/2/2012) a 0.44 $ move 2- The current bullish trend started from 14.13 $ at 3/2/2012 and is currently trading at 15.81 $.
SEGA SAMMY HOLDINGS (RYU.MU) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 1.180 $ height triangle which was broken up at 14.520, target of the pattern is 15.700.
SEGA SAMMY HOLDINGS (RYU.MU) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 15.150 and 17.850 that was broken up at 14.570 transforming into a supporting line.
SEGA SAMMY HOLDINGS (RYU.MU) Long term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 17.850 .
Stock Trading Conclusion:
SEGA SAMMY HOLDINGS (RYU.MU) 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 : 17.76.
Stock Support levels : 15.41, 15.17, 14.97, 14.77, 14.13, 11.24,.