Stock Technical indicators to notice in SOLAR-FABRIK (SFX.SG)
1- Last bearish trend was from 1.63 $ (2/20/2014) to 1.57 $ (3/4/2014) a 0.06 $ move 2- The current bullish trend started from 1.57 $ at 3/4/2014 and is currently trading at 1.66 $.
4- SFX.SG current resistance level is at 1.67 which is the 161.80 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SOLAR-FABRIK (SFX.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 1.570 and 1.560, and is currently supporting at 1.578.
SOLAR-FABRIK (SFX.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 1.930 and 2.090, and is currently resisting at 1.776.
SOLAR-FABRIK (SFX.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 2.090 and 2.530 that was broken up at 1.620 transforming into a supporting line.
Stock Trading Conclusion:
SOLAR-FABRIK (SFX.SG) was trading in a 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 : 1.67, 1.78.
Stock Support levels : 1.65, 1.64, 1.63, 1.63, 1.62, 1.61, 1.60, 1.60, 1.59, 1.58, 1.58, 1.57,.