Stock Technical indicators to notice in SOFTRONIC -B- (SF7.SG)
1- Last bearish trend was from 0.29 $ (3/3/2014) to 0.28 $ (3/5/2014) a 0.01 $ move 2- The current bullish trend started from 0.28 $ at 3/5/2014 and is currently trading at 0.29 $.
4- SF7.SG current resistance level is at 0.29 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
SOFTRONIC -B- (SF7.SG) Short term stock chart patterns for internet stock trading :
6- The Stock is trading in a stock channel between 0.280 $ and 0.290 $.
SOFTRONIC -B- (SF7.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 0.250 and 0.240, and is currently supporting at 0.265.
SOFTRONIC -B- (SF7.SG) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.220 .
9- The Stock formed a 0.460 $ height triangle which was broken up at 0.300, target of the pattern is 0.760.
Stock Trading Conclusion:
SOFTRONIC -B- (SF7.SG) was trading in a strong 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 : 0.293, 0.296, 0.760.
Stock Support levels : 0.288, 0.286, 0.285, 0.284, 0.282, 0.280, 0.270, 0.265, 0.220,.