Stock Technical indicators to notice in S I A 200 (C6U.SI)
1- Last bearish trend was from 11.02 $ (3/19/2012) to 10.37 $ (4/17/2012) a 0.65 $ move 2- The current bullish trend started from 10.37 $ at 4/17/2012 and is currently trading at 10.52 $.
4- C6U.SI current resistance level is at 10.52 which is the 23.60 % fibonacci retracement of the last 0.65 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
S I A 200 (C6U.SI) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 11.020 .
S I A 200 (C6U.SI) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 11.060 and 11.780 that was broken up at 10.700 transforming into a supporting line.
S I A 200 (C6U.SI) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 11.780 and 14.750 that was broken up at 10.200 transforming into a supporting line.
Stock Trading Conclusion:
S I A 200 (C6U.SI) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 10.52, 10.62, 10.69, 10.77, 11.02, 11.20, 11.42.
Stock Support levels : 10.48, 10.46, 10.44, 10.43, 10.37, 10.28,.
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