Stock Technical indicators to notice in SCHLUMBERGER (SCL.SG)
1- Last bearish trend was from 67.14 $ (1/22/2014) to 63.22 $ (2/6/2014) a 3.92 $ move 2- The current bullish trend started from 63.22 $ at 2/6/2014 and is currently trading at 66.54 $.
4- SCL.SG current resistance level is at 67.14 which is the 100.00 % fibonacci retracement of the last 3.92 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SCHLUMBERGER (SCL.SG) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 63.220 .
SCHLUMBERGER (SCL.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 62.110 and 59.300, and is currently supporting at 64.200.
SCHLUMBERGER (SCL.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 62.110 and 53.560, and is currently supporting at 66.350.
Stock Trading Conclusion:
SCHLUMBERGER (SCL.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 : 67.14, 68.21, 69.56.
Stock Support levels : 66.35, 65.76, 65.64, 65.27, 65.18, 64.88, 64.72, 64.49, 64.20, 64.15, 63.53, 63.39, 63.25, 63.22,.