Stock Technical indicators to notice in MANDATOR (MYX.SG)
1- Last bullish trend was from 0.30 $ (12/20/2007) to 0.31 $ (12/26/2007) a 0.01 $ move 2- The current bearish trend started from 0.31 $ at 12/26/2007 and is currently trading at 0.30 $.
4- MYX.SG current resistance level is at 0.30 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
MANDATOR (MYX.SG) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 0.310 .
7- The Stock formed a 0.020 $ height triangle which was broken down at 0.300, target of the pattern is 0.280.
MANDATOR (MYX.SG) Mid term stock chart patterns for internet stock trading :
8- The Stock is trading in a stock channel between 0.290 $ and 0.320 $.
MANDATOR (MYX.SG) Long term stock chart patterns for internet stock trading :
9- The Stock formed Double Top Pattern at 0.320 .
10- The Stock formed a 0.110 $ height triangle which was broken down at 0.320, target of the pattern is 0.210.
Stock Trading Conclusion:
MANDATOR (MYX.SG) was trading in a bullish 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 : 0.302, 0.304, 0.305, 0.306, 0.308, 0.310, 0.320, 0.338, 0.680.
Stock Support levels : 0.297, 0.294, 0.290, 0.280,.
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