Stock Technical indicators to notice in SCI (SCI.SG)
1- Last bearish trend was from 21.90 $ (2/21/2014) to 19.31 $ (3/3/2014) a 2.59 $ move 2- The current bullish trend started from 19.31 $ at 3/3/2014 and is currently trading at 21.00 $.
4- SCI.SG current resistance level is at 21.90 which is the 100.00 % fibonacci retracement of the last 2.59 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SCI (SCI.SG) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 19.310 .
SCI (SCI.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bullish stock channel identifed by support at 19.310 and 17.460,resistance between 21.900 and 20.050, the stock channel is currently supported from below by 19.560 and resisted from above by 22.376.
SCI (SCI.SG) Long term stock chart patterns for internet stock trading :
Stock Trading Conclusion:
SCI (SCI.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 : 21.90, 22.60, 23.50.
Stock Support levels : 20.91, 20.60, 20.60, 20.35, 20.30, 20.15, 19.97, 19.96, 19.92, 19.31,.