Stock Technical indicators to notice in STRATEC BIOMEDICAL (SBS.SG)
1- Last bearish trend was from 33.89 $ (2/26/2014) to 31.63 $ (3/3/2014) a 2.26 $ move 2- The current bullish trend started from 31.63 $ at 3/3/2014 and is currently trading at 31.88 $.
4- SBS.SG current resistance level is at 32.16 which is the 23.60 % fibonacci retracement of the last 2.26 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
STRATEC BIOMEDICAL (SBS.SG) Short term stock chart patterns for internet stock trading :
7- The Stock formed a 4.270 $ height triangle.
STRATEC BIOMEDICAL (SBS.SG) Mid term stock chart patterns for internet stock trading :
8- The Stock formed a 5.200 $ height triangle.
STRATEC BIOMEDICAL (SBS.SG) Long term stock chart patterns for internet stock trading :
9- The Stock was supported by a support line, identified by two points: 31.010 and 29.900, and is currently supporting at 31.346.
Stock Trading Conclusion:
STRATEC BIOMEDICAL (SBS.SG) was trading in a bearish 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 : 32.16, 32.49, 32.76, 33.03, 33.89, 34.50, 35.29.
Stock Support levels : 31.82, 31.78, 31.75, 31.73, 31.63, 31.35,.