Stock Technical indicators to notice in SEACHANGE INTL (SI2.SG)
1- Last bullish trend was from 7.53 $ (3/4/2014) to 7.91 $ (3/5/2014) a 0.38 $ move 2- The current bearish trend started from 7.91 $ at 3/5/2014 and is currently trading at 7.33 $.
4- SI2.SG current resistance level is at 7.43 which is the 127.20 % fibonacci retracement of the last 0.38 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
SEACHANGE INTL (SI2.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 7.910 and 8.840, and is currently resisting at 7.511.
SEACHANGE INTL (SI2.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 1.340 $ height triangle which was broken down at 8.730, target of the pattern is 7.390.
SEACHANGE INTL (SI2.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was resisted by a resistance line, identified by two points: 9.330 and 10.910, and is currently resisting at 7.704.
Stock Trading Conclusion:
SEACHANGE INTL (SI2.SG) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 7.43, 7.47, 7.51, 7.53, 7.55, 7.62, 7.68, 7.69, 7.70, 7.72, 7.76, 7.82, 7.91, 8.84, 8.88.
Stock Support levels :.