Stock Technical indicators to notice in SIXT (SIX2.SG)
1- Last bullish trend was from 14.30 $ (4/10/2012) to 15.60 $ (5/2/2012) a 1.30 $ move 2- The current bearish trend started from 15.60 $ at 5/2/2012 and is currently trading at 14.86 $.
4- SIX2.SG current resistance level is at 14.95 which is the 50.00 % fibonacci retracement of the last 1.30 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
SIXT (SIX2.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 15.600 and 16.920, and is currently resisting at 15.435.
SIXT (SIX2.SG) Mid term stock chart patterns for internet stock trading :
None.
SIXT (SIX2.SG) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
SIXT (SIX2.SG) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 14.95, 15.03, 15.10, 15.14, 15.23, 15.29, 15.32, 15.44, 15.60,.
Stock Support levels : 14.80, 14.30, 13.95,.
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