Stock Technical indicators to notice in SCHULER VZ (SCU3.SG)
1- Last bullish trend was from 10.00 $ (5/12/2008) to 11.11 $ (5/27/2008) a 1.11 $ move 2- The current bearish trend started from 11.11 $ at 5/27/2008 and is currently trading at 10.55 $.
4- SCU3.SG current resistance level is at 10.56 which is the 50.00 % fibonacci retracement of the last 1.11 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bullish Divergance in MACD Indicator .
SCHULER VZ (SCU3.SG) Short term stock chart patterns for internet stock trading :
SCHULER VZ (SCU3.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bullish stock channel identifed by support at 10.000 and 9.680,resistance between 10.800 and 10.400, the stock channel is currently supported from below by 10.427 and resisted from above by 11.475.
SCHULER VZ (SCU3.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 9.350 and 9.190, and is currently supporting at 9.597.
Stock Trading Conclusion:
SCHULER VZ (SCU3.SG) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : 10.56, 10.68, 10.69, 10.76, 10.83, 10.85, 10.90, 11.11,.
Stock Support levels : 10.42, 10.00, 9.70, 9.60,.