Stock Technical indicators to notice in SOLAR2 (S2RK.SG)
1- Last bearish trend was from 0.60 $ (4/6/2011) to 0.30 $ (4/11/2011) a 0.30 $ move 2- The current bullish trend started from 0.30 $ at 4/11/2011 and is currently trading at 0.31 $.
4- S2RK.SG current resistance level is at 0.37 which is the 23.60 % fibonacci retracement of the last 0.30 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
SOLAR2 (S2RK.SG) Short term stock chart patterns for internet stock trading :
SOLAR2 (S2RK.SG) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.450 that failed and formed a resistance.
SOLAR2 (S2RK.SG) Long term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.450 that failed and formed a resistance.
Stock Trading Conclusion:
SOLAR2 (S2RK.SG) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.371, 0.415, 0.450, 0.450, 0.485, 0.600, 0.682, 0.785.
Stock Support levels : 0.308, 0.306, 0.305, 0.304, 0.300,.
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