Stock Technical indicators to notice in SODEXO (SJ7.SG)
1- Last bearish trend was from 61.80 $ (4/2/2012) to 58.07 $ (4/10/2012) a 3.73 $ move 2- The current bullish trend started from 58.07 $ at 4/10/2012 and is currently trading at 60.27 $.
4- SJ7.SG current resistance level is at 60.38 which is the 61.80 % fibonacci retracement of the last 3.73 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SODEXO (SJ7.SG) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 58.070 and 51.480,resistance between 61.800 and 53.400, the stock channel is currently supported from below by 59.553 and resisted from above by 63.949.
SODEXO (SJ7.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 48.830 and 48.210, and is currently supporting at 50.927.
SODEXO (SJ7.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 48.210 and 46.620, and is currently supporting at 49.867.
Stock Trading Conclusion:
SODEXO (SJ7.SG) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 60.38, 61.80, 62.81, 64.11.
Stock Support levels : 59.93, 59.75, 59.49, 59.43, 59.17, 58.95, 58.91, 58.07, 50.93,.
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