Stock Technical indicators to notice in XERIUS (OJX.SG)
1- Last bullish trend was from 0.45 $ (11/2/2011) to 1.30 $ (11/8/2011) a 0.85 $ move 2- The current bearish trend started from 1.30 $ at 11/8/2011 and is currently trading at 1.19 $.
4- OJX.SG current resistance level is at 1.30 which is the 0.00 % fibonacci retracement of the last 0.85 $ move.
5- According to ADX Indicator, the trend is currently strong 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.
XERIUS (OJX.SG) Short term stock chart patterns for internet stock trading :
XERIUS (OJX.SG) Mid term stock chart patterns for internet stock trading :
XERIUS (OJX.SG) Long term stock chart patterns for internet stock trading :
Stock Trading Conclusion:
XERIUS (OJX.SG) was trading in a strong 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 : 1.22, 1.23, 1.25, 1.26, 1.30,.
Stock Support levels : 1.10, 0.98, 0.88, 0.77, 0.45, 0.22,.