Stock Technical indicators to notice in SLM (SM1.SG)
1- Last bearish trend was from 19.76 $ (1/16/2014) to 15.99 $ (2/5/2014) a 3.77 $ move 2- The current bullish trend started from 15.99 $ at 2/5/2014 and is currently trading at 17.73 $.
4- SM1.SG current resistance level is at 17.88 which is the 50.00 % fibonacci retracement of the last 3.77 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
SLM (SM1.SG) Short term stock chart patterns for internet stock trading :
SLM (SM1.SG) Mid term stock chart patterns for internet stock trading :
SLM (SM1.SG) Long term stock chart patterns for internet stock trading :
Stock Trading Conclusion:
SLM (SM1.SG) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 17.88, 18.32, 19.76, 20.79, 22.09.
Stock Support levels : 17.43, 17.32, 17.07, 16.88, 16.86, 16.65, 15.99,.