Stock Technical indicators to notice in Southeastern Banking Corp. (SEBC.OB)
1- Last bullish trend was from 4.20 $ (2/23/2012) to 4.90 $ (3/21/2012) a 0.70 $ move 2- The current bearish trend started from 4.90 $ at 3/21/2012 and is currently trading at 3.90 $.
4- SEBC.OB current resistance level is at 4.01 which is the 127.20 % fibonacci retracement of the last 0.70 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Southeastern Banking Corp. (SEBC.OB) Short term stock chart patterns for internet stock trading :
None.
Southeastern Banking Corp. (SEBC.OB) Mid term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 4.900 and 5.700, and is currently resisting at 4.572.
Southeastern Banking Corp. (SEBC.OB) Long term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 4.900 and 5.700, and is currently resisting at 4.572.
Stock Trading Conclusion:
Southeastern Banking Corp. (SEBC.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 4.01, 4.14, 4.20, 4.28, 4.40, 4.47, 4.52, 4.55, 4.57, 4.63, 4.73, 4.90,.
Stock Support levels : 3.77.
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