Stock Technical indicators to notice in SecureCARE Technologies Inc. (SCUC.OB)
1- Last bullish trend was from 0.10 $ (4/12/2010) to 0.30 $ (6/23/2011) a 0.20 $ move 2- The current bearish trend started from 0.30 $ at 6/23/2011 and is currently trading at 0.02 $.
4- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
SecureCARE Technologies Inc. (SCUC.OB) Short term stock chart patterns for internet stock trading :
5- The Stock formed a 0.390 $ height triangle which was broken down at 0.020 in higher than usual volume, target of the pattern is -0.370.
SecureCARE Technologies Inc. (SCUC.OB) Mid term stock chart patterns for internet stock trading :
6- The Stock formed a 0.390 $ height triangle which was broken down at 0.020 in higher than usual volume, target of the pattern is -0.370.
SecureCARE Technologies Inc. (SCUC.OB) Long term stock chart patterns for internet stock trading :
7- The Stock formed a 0.390 $ height triangle which was broken down at 0.020 in higher than usual volume, target of the pattern is -0.370.
Stock Trading Conclusion:
SecureCARE Technologies Inc. (SCUC.OB) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 0.046, 0.086, 0.100, 0.127, 0.160, 0.176, 0.193, 0.200, 0.224, 0.253, 0.300, 0.311,.
Stock Support levels : -0.024, -0.370,.
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