Stock Technical indicators to notice in GLOBAL OCEANIC CARR (43G.SG)
1- Last bearish trend was from 0.20 $ (5/2/2012) to 0.16 $ (5/3/2012) a 0.04 $ move 2- The current bullish trend started from 0.16 $ at 5/3/2012 and is currently trading at 0.19 $.
4- 43G.SG current resistance level is at 0.20 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
GLOBAL OCEANIC CARR (43G.SG) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 0.200 .
7- The Stock formed a 0.080 $ height triangle which was broken down at 0.170, target of the pattern is 0.090.
GLOBAL OCEANIC CARR (43G.SG) Mid term stock chart patterns for internet stock trading :
8- The Stock formed Double Top Pattern at 0.200 .
9- The Stock formed a 0.080 $ height triangle which was broken down at 0.170, target of the pattern is 0.090.
GLOBAL OCEANIC CARR (43G.SG) Long term stock chart patterns for internet stock trading :
10- The Stock formed Double Top Pattern at 0.200 .
11- The Stock formed a 0.080 $ height triangle which was broken down at 0.170, target of the pattern is 0.090.
Stock Trading Conclusion:
GLOBAL OCEANIC CARR (43G.SG) 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 : 0.200, 0.200, 0.211, 0.225.
Stock Support levels : 0.185, 0.183, 0.180, 0.179, 0.175, 0.175, 0.171, 0.169, 0.160, 0.090,.
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