Stock Technical indicators to notice in USD/SG TS OE (3783S.PA)
1- Last bullish trend was from 17.51 $ (12/9/2010) to 18.47 $ (12/13/2010) a 0.96 $ move 2- The current bearish trend started from 18.47 $ at 12/13/2010 and is currently trading at 16.19 $.
USD/SG TS OE (3783S.PA) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 17.510 and 16.870 that was broken down at 16.190 transforming into a resistance line.
USD/SG TS OE (3783S.PA) Mid term stock chart patterns for internet stock trading :
5- The Stock formed a 6.230 $ height triangle which was broken down at 17.510, target of the pattern is 11.280.
USD/SG TS OE (3783S.PA) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 6.230 $ height triangle which was broken down at 17.510, target of the pattern is 11.280.
Stock Trading Conclusion:
USD/SG TS OE (3783S.PA) was trading in a 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 : 16.73, 17.06, 17.33, 17.60, 18.15, 18.47, 18.90,.
Stock Support levels : 12.74, 11.28,.
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