Stock Technical indicators to notice in SBERB UNSP GDR REGS (SBNA.SG)
1- Last bullish trend was from 0.40 $ (6/6/2011) to 9.88 $ (6/15/2011) a 9.48 $ move 2- The current bearish trend started from 9.88 $ at 6/15/2011 and is currently trading at 9.31 $.
4- SBNA.SG current resistance level is at 9.88 which is the 0.00 % fibonacci retracement of the last 9.48 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SBERB UNSP GDR REGS (SBNA.SG) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 9.880 .
SBERB UNSP GDR REGS (SBNA.SG) Mid term stock chart patterns for internet stock trading :
SBERB UNSP GDR REGS (SBNA.SG) Long term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 11.840 and 328.000 that was broken up at 11.820 transforming into a supporting line.
Stock Trading Conclusion:
SBERB UNSP GDR REGS (SBNA.SG) was trading in a bullish 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 : 9.44, 9.53, 9.60, 9.66, 9.85, 9.88,.
Stock Support levels : 7.64, 6.26, 5.14, 4.02, 0.40, -2.18, -5.46,.