Stock Technical indicators to notice in SANTOY RESOURCES (S1K.SG)
1- Last bullish trend was from 0.05 $ (7/16/2009) to 0.08 $ (7/17/2009) a 0.03 $ move 2- The current bearish trend started from 0.08 $ at 7/17/2009 and is currently trading at 0.06 $.
4- S1K.SG current resistance level is at 0.06 which is the 61.80 % fibonacci retracement of the last 0.03 $ 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.
SANTOY RESOURCES (S1K.SG) Short term stock chart patterns for internet stock trading :
SANTOY RESOURCES (S1K.SG) Mid term stock chart patterns for internet stock trading :
SANTOY RESOURCES (S1K.SG) Long term stock chart patterns for internet stock trading :
Stock Trading Conclusion:
SANTOY RESOURCES (S1K.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 : 0.061, 0.065, 0.065, 0.068, 0.069, 0.070, 0.072, 0.073, 0.080,.
Stock Support levels : 0.050, 0.042,.