Stock Technical indicators to notice in SECURITAS -B- (SEUB.SG)
1- Last bullish trend was from 6.26 $ (7/29/2009) to 6.52 $ (8/3/2009) a 0.26 $ move 2- The current bearish trend started from 6.52 $ at 8/3/2009 and is currently trading at 6.19 $.
4- SEUB.SG current resistance level is at 6.26 which is the 100.00 % fibonacci retracement of the last 0.26 $ 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.
SECURITAS -B- (SEUB.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 6.260 and 5.690 that was broken down at 6.350 transforming into a resistance line.
SECURITAS -B- (SEUB.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 0.700 $ height triangle which was broken up at 6.050, target of the pattern is 6.750.
SECURITAS -B- (SEUB.SG) Long term stock chart patterns for internet stock trading :
Stock Trading Conclusion:
SECURITAS -B- (SEUB.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 : 6.26, 6.27, 6.32, 6.36, 6.36, 6.39, 6.39, 6.42, 6.46, 6.52, 6.65, 6.75.
Stock Support levels : 6.19, 6.10,.