Stock Technical indicators to notice in SODEXO (SJ7.SG)
1- Last bearish trend was from 75.31 $ (1/23/2014) to 72.85 $ (2/5/2014) a 2.46 $ move 2- The current bullish trend started from 72.85 $ at 2/5/2014 and is currently trading at 77.80 $.
SODEXO (SJ7.SG) Short term stock chart patterns for internet stock trading :
4- The Stock was supported by a support line, identified by two points: 72.850 and 68.860, and is currently supporting at 75.330.
SODEXO (SJ7.SG) Mid term stock chart patterns for internet stock trading :
5- The Stock formed a 11.680 $ height triangle which was broken up at 62.660, target of the pattern is 74.340.
SODEXO (SJ7.SG) Long term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 60.810 and 56.360, and is currently supporting at 69.059.
Stock Trading Conclusion:
SODEXO (SJ7.SG) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : .
Stock Support levels : 76.63, 75.91, 75.33, 75.32, 74.74, 72.85, 69.06,.