Stock Technical indicators to notice in SOKO FITNESS and SPA (SOKF.OB)
1- Last bearish trend was from 4.20 $ (7/15/2011) to 3.55 $ (7/25/2011) a 0.65 $ move 2- The current bullish trend started from 3.55 $ at 7/25/2011 and is currently trading at 4.25 $.
4- SOKF.OB current resistance level is at 4.38 which is the 127.20 % fibonacci retracement of the last 0.65 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
SOKO FITNESS and SPA (SOKF.OB) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 3.550 and 3.000, and is currently supporting at 3.596.
SOKO FITNESS and SPA (SOKF.OB) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 3.550 and 2.750, and is currently supporting at 3.602.
SOKO FITNESS and SPA (SOKF.OB) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 3.550 and 2.500, and is currently supporting at 3.608.
Stock Trading Conclusion:
SOKO FITNESS and SPA (SOKF.OB) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 4.38, 4.60.
Stock Support levels : 4.20, 4.08, 3.98, 3.95, 3.90, 3.88, 3.82, 3.80, 3.70, 3.61, 3.60, 3.60, 3.55,.
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