Stock Technical indicators to notice in SKANSKA -B- (SKNB.SG)
1- Last bearish trend was from 8.64 $ (2/7/2014) to 8.35 $ (2/10/2014) a 0.29 $ move 2- The current bullish trend started from 8.35 $ at 2/10/2014 and is currently trading at 9.12 $.
SKANSKA -B- (SKNB.SG) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Bottom Pattern at 8.350 .
5- The Stock formed Double Top Pattern at 8.640 that failed, and formed a support .
SKANSKA -B- (SKNB.SG) Mid term stock chart patterns for internet stock trading :
SKANSKA -B- (SKNB.SG) Long term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 7.640 and 6.940,resistance between 8.470 and 7.930, the stock channel is currently supported from below by 7.981 and resisted from above by 9.223.
Stock Trading Conclusion:
SKANSKA -B- (SKNB.SG) was trading in a strong bullish wave, which is becoming stronger .
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 : .
Stock Support levels : 8.94, 8.83, 8.73, 8.72, 8.68, 8.64, 8.41, 8.38, 8.35,.