Stock Technical indicators to notice in SIGMA-ALDRICH (SIQ.SG)
1- Last bullish trend was from 66.75 $ (2/5/2014) to 70.25 $ (2/18/2014) a 3.50 $ move 2- The current bearish trend started from 70.25 $ at 2/18/2014 and is currently trading at 67.63 $.
4- SIQ.SG current resistance level is at 68.09 which is the 61.80 % fibonacci retracement of the last 3.50 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SIGMA-ALDRICH (SIQ.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 66.750 and 66.390 that was broken down at 67.980 transforming into a resistance line.
SIGMA-ALDRICH (SIQ.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock formed a 5.470 $ height triangle which was broken up at 64.000, target of the pattern is 69.470.
SIGMA-ALDRICH (SIQ.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 52.530 and 43.420, and is currently supporting at 65.743.
Stock Trading Conclusion:
SIGMA-ALDRICH (SIQ.SG) was trading in a bearish 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 : 68.09, 68.13, 68.25, 68.50, 68.63, 68.91, 68.94, 69.21, 69.25, 69.42, 69.47, 70.25,.
Stock Support levels : 66.75, 65.80, 65.74, 64.59,.