Stock Technical indicators to notice in EIDOS (S1E.SG)
1- Last bearish trend was from 0.30 $ (4/2/2009) to 0.29 $ (4/3/2009) a 0.01 $ move 2- The current bullish trend started from 0.29 $ at 4/3/2009 and is currently trading at 0.31 $.
EIDOS (S1E.SG) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 0.290 .
5- The Stock formed Double Top Pattern at 0.300 that failed, and formed a support .
EIDOS (S1E.SG) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 0.320 .
EIDOS (S1E.SG) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 0.100 and 0.080, and is currently supporting at 0.209.
Stock Trading Conclusion:
EIDOS (S1E.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 : 0.320.
Stock Support levels : 0.305, 0.302, 0.300, 0.298, 0.290,.