Stock Technical indicators to notice in GLDUZ/SGE OE (8631S.PA)
1- Last bearish trend was from 97.15 $ (10/30/2013) to 85.85 $ (12/31/2013) a 11.30 $ move 2- The current bullish trend started from 85.85 $ at 12/31/2013 and is currently trading at 95.35 $.
4- 8631S.PA current resistance level is at 97.15 which is the 100.00 % fibonacci retracement of the last 11.30 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
GLDUZ/SGE OE (8631S.PA) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 85.850 and 92.250,resistance between 97.150 and 100.350 which was broken up at 92.150.
GLDUZ/SGE OE (8631S.PA) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 105.550 and 112.250, and is currently resisting at 97.947.
GLDUZ/SGE OE (8631S.PA) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 105.550 and 137.050 that was broken up at 93.750 transforming into a supporting line.
Stock Trading Conclusion:
GLDUZ/SGE OE (8631S.PA) 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 : 97.15, 97.95, 100.22, 104.13.
Stock Support levels : 93.11, 92.83, 91.72, 91.53, 91.50, 90.60, 90.31, 90.17, 89.48, 88.52, 85.85,.