Stock Technical indicators to notice in GreatEast (G07.SI)
1- Last bullish trend was from 13.73 $ (4/11/2012) to 14.19 $ (4/19/2012) a 0.46 $ move 2- The current bearish trend started from 14.19 $ at 4/19/2012 and is currently trading at 13.32 $.
GreatEast (G07.SI) Short term stock chart patterns for internet stock trading :
4- The Stock traded in a bearish stock channel identifed by support at 13.730 and 14.500,resistance between 14.190 and 15.280, the stock channel is currently supported from below by 13.003 and resisted from above by 13.669.
GreatEast (G07.SI) Mid term stock chart patterns for internet stock trading :
None.
GreatEast (G07.SI) Long term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 15.300 and 17.380, and is currently resisting at 15.125.
Stock Trading Conclusion:
GreatEast (G07.SI) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : 13.53, 13.65, 13.75, 13.86, 14.19, 15.13, 15.14.
Stock Support levels :.
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