Stock Technical indicators to notice in SHF COMM TECHNOL (S4K.SG)
1- Last bearish trend was from 3.90 $ (2/3/2014) to 3.62 $ (2/25/2014) a 0.28 $ move 2- The current bullish trend started from 3.62 $ at 2/25/2014 and is currently trading at 3.98 $.
4- S4K.SG current resistance level is at 4.07 which is the 161.80 % fibonacci retracement of the last 0.28 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
SHF COMM TECHNOL (S4K.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 3.900 and 3.950 that was broken up at 3.980 transforming into a supporting line.
SHF COMM TECHNOL (S4K.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 3.620 and 3.540, and is currently supporting at 3.627.
SHF COMM TECHNOL (S4K.SG) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 1.130 $ height triangle which was broken up at 3.760, target of the pattern is 4.890.
Stock Trading Conclusion:
SHF COMM TECHNOL (S4K.SG) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 4.07, 4.89.
Stock Support levels : 3.98, 3.90, 3.90, 3.84, 3.83, 3.80, 3.79, 3.76, 3.76, 3.73, 3.71, 3.69, 3.63, 3.62,.