Stock Technical indicators to notice in SDGI (000070.SZ)
1- Last bearish trend was from 8.32 $ (3/13/2012) to 6.90 $ (3/30/2012) a 1.42 $ move 2- The current bullish trend started from 6.90 $ at 3/30/2012 and is currently trading at 7.97 $.
4- 000070.SZ current resistance level is at 8.32 which is the 100.00 % fibonacci retracement of the last 1.42 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
SDGI (000070.SZ) Short term stock chart patterns for internet stock trading :
None.
SDGI (000070.SZ) Mid term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 6.900 and 6.410, and is currently supporting at 7.109.
SDGI (000070.SZ) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 6.900 and 6.410, and is currently supporting at 7.109.
Stock Trading Conclusion:
SDGI (000070.SZ) was trading in a bullish wave, which is becoming stronger .
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 : 8.32, 8.71, 9.20.
Stock Support levels : 7.78, 7.72, 7.61, 7.56, 7.44, 7.43, 7.31, 7.24, 7.11, 6.90,.
Related Stocks
| NEPTUNUS |
| YANTIAN PORT |
| SACL |
| TONGE |
| GJNY |