Stock Technical indicators to notice in CIMENTS FRANCAIS-A- (SE8.SG)
1- Last bearish trend was from 63.11 $ (2/26/2014) to 60.77 $ (3/4/2014) a 2.34 $ move 2- The current bullish trend started from 60.77 $ at 3/4/2014 and is currently trading at 75.85 $.
CIMENTS FRANCAIS-A- (SE8.SG) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 60.770 and 56.800, and is currently supporting at 61.405.
CIMENTS FRANCAIS-A- (SE8.SG) Mid term stock chart patterns for internet stock trading :
5- The Stock traded in a bullish stock channel identifed by support at 56.800 and 41.490,resistance between 61.410 and 44.630 which was broken up at 68.040.
CIMENTS FRANCAIS-A- (SE8.SG) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 45.040 and 49.190 that was broken up at 41.640 transforming into a supporting line.
Stock Trading Conclusion:
CIMENTS FRANCAIS-A- (SE8.SG) was trading in a strong bullish wave, which is becoming stronger .
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 : .
Stock Support levels : 72.29, 70.09, 68.31, 66.53, 65.05, 61.41, 60.77,.