Stock Technical indicators to notice in SCHLOSSGARTENBAU (SGB.SG)
1- Last bullish trend was from 705.05 $ (2/6/2014) to 750.00 $ (2/12/2014) a 44.95 $ move 2- The current bearish trend started from 750.00 $ at 2/12/2014 and is currently trading at 720.00 $.
4- SGB.SG current resistance level is at 722.22 which is the 61.80 % fibonacci retracement of the last 44.95 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
SCHLOSSGARTENBAU (SGB.SG) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Top Pattern at 750.000 .
7- The Stock formed a 49.000 $ height triangle.
SCHLOSSGARTENBAU (SGB.SG) Mid term stock chart patterns for internet stock trading :
8- The Stock formed a 61.000 $ height triangle which was broken up at 700.000, target of the pattern is 761.000.
SCHLOSSGARTENBAU (SGB.SG) Long term stock chart patterns for internet stock trading :
9- The Stock was supported by a support line, identified by two points: 616.000 and 560.000, and is currently supporting at 661.389.
Stock Trading Conclusion:
SCHLOSSGARTENBAU (SGB.SG) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 722.22, 727.08, 727.53, 731.46, 732.83, 735.00, 738.54, 739.39, 750.00, 761.00.
Stock Support levels : 705.05, 692.82, 677.27, 661.39,.