Stock Technical indicators to notice in SKYEUROPE (S8E.SG)
1- Last bullish trend was from 0.20 $ (8/24/2009) to 0.24 $ (8/27/2009) a 0.04 $ move 2- The current bearish trend started from 0.24 $ at 8/27/2009 and is currently trading at 0.23 $.
4- S8E.SG current resistance level is at 0.23 which is the 23.60 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SKYEUROPE (S8E.SG) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 0.200 and 0.180,resistance between 0.240 and 0.220, the stock channel is currently supported from below by 0.220 and resisted from above by 0.247.
SKYEUROPE (S8E.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 0.110 $ height triangle which was broken up at 0.210, target of the pattern is 0.320.
SKYEUROPE (S8E.SG) Long term stock chart patterns for internet stock trading :
8- The Stock formed a 0.110 $ height triangle which was broken up at 0.210, target of the pattern is 0.320.
Stock Trading Conclusion:
SKYEUROPE (S8E.SG) was trading in a bullish wave, which is becoming weaker .
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 : 0.231, 0.232, 0.234, 0.235, 0.236, 0.240, 0.320,.
Stock Support levels : 0.225, 0.220, 0.215, 0.200, 0.189, 0.175, 0.127,.