Stock Technical indicators to notice in SOFTLINE AG (SFD.SG)
1- Last bullish trend was from 0.16 $ (12/30/2009) to 0.20 $ (1/4/2010) a 0.04 $ move 2- The current bearish trend started from 0.20 $ at 1/4/2010 and is currently trading at 0.17 $.
4- SFD.SG current resistance level is at 0.18 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
SOFTLINE AG (SFD.SG) Short term stock chart patterns for internet stock trading :
SOFTLINE AG (SFD.SG) Mid term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.160 .
SOFTLINE AG (SFD.SG) Long term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.160 .
Stock Trading Conclusion:
SOFTLINE AG (SFD.SG) was trading in a bullish wave, which is becoming stronger .
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 : 0.175, 0.177, 0.180, 0.181, 0.185, 0.185, 0.189, 0.191, 0.200,.
Stock Support levels : 0.160, 0.149,.