Stonegate Bank (OTC BB: SGBK.OB) (OTC:SGBK) Stock Research Trends Targets and Technical Analysis - OTC Over the bulletin board otcbb [en]

Today we will analyze the stock Stonegate Bank (SGBK.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in Stonegate Bank (SGBK.OB)
1- Last bearish trend was from 11.70 $ (1/12/2010) to 11.25 $ (1/13/2010) a 0.45 $ move 2- The current bullish trend started from 11.25 $ at 1/13/2010 and is currently trading at 12.50 $. 3- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Stonegate Bank (SGBK.OB) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 11.250 .
5- The Stock formed a 0.750 $ height triangle which was broken up at 11.400, target of the pattern is 12.150.
Stonegate Bank (SGBK.OB) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 11.250 .
7- The Stock formed a 1.550 $ height triangle which was broken up at 11.400, target of the pattern is 12.950.
Stonegate Bank (SGBK.OB) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 11.250 and 9.800, and is currently supporting at 12.137.

Stock Trading Conclusion:
Stonegate Bank (SGBK.OB) was trading in a strong 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 : 12.95.
Stock Support levels : 12.20, 12.14, 12.02, 11.88, 11.73, 11.25, 8.93,.