Stock Technical indicators to notice in SPORTING SAD R (SCG.SG)
1- Last bearish trend was from 0.74 $ (3/5/2014) to 0.68 $ (3/6/2014) a 0.06 $ move 2- The current bullish trend started from 0.68 $ at 3/6/2014 and is currently trading at 0.71 $.
4- SCG.SG current resistance level is at 0.71 which is the 50.00 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SPORTING SAD R (SCG.SG) Short term stock chart patterns for internet stock trading :
6- The Stock is trading in a stock channel between 0.680 $ and 0.740 $.
SPORTING SAD R (SCG.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Top Pattern at 0.740 .
8- The Stock formed a 0.070 $ height triangle.
SPORTING SAD R (SCG.SG) Long term stock chart patterns for internet stock trading :
9- The Stock formed Double Bottom Pattern at 0.670 .
Stock Trading Conclusion:
SPORTING SAD R (SCG.SG) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 0.710, 0.717, 0.740, 0.756, 0.777.
Stock Support levels : 0.703, 0.703, 0.699, 0.695, 0.694, 0.691, 0.680, 0.670,.