Stock Technical indicators to notice in SNS REAAL (S4R.SG)
1- Last bullish trend was from 0.72 $ (1/30/2013) to 0.86 $ (1/31/2013) a 0.14 $ move 2- The current bearish trend started from 0.86 $ at 1/31/2013 and is currently trading at 0.81 $.
4- S4R.SG current resistance level is at 0.83 which is the 23.60 % fibonacci retracement of the last 0.14 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SNS REAAL (S4R.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 0.720 and 0.690 that was broken down at 0.810 transforming into a resistance line.
SNS REAAL (S4R.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 0.380 $ height triangle which was broken up at 0.720, target of the pattern is 1.100 which was broken down at 0.810, target of the pattern is 0.430.
SNS REAAL (S4R.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 1.070 and 1.140, and is currently resisting at 0.872.
Stock Trading Conclusion:
SNS REAAL (S4R.SG) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 0.822, 0.827, 0.829, 0.835, 0.841, 0.860, 0.872, 1.100, 1.270,.
Stock Support levels : 0.807, 0.790, 0.773, 0.720, 0.682, 0.633, 0.430,.