Stock Technical indicators to notice in SMARTONE TELE (SMA.SG)
1- Last bearish trend was from 0.62 $ (2/6/2014) to 0.58 $ (2/11/2014) a 0.04 $ move 2- The current bullish trend started from 0.58 $ at 2/11/2014 and is currently trading at 0.82 $.
SMARTONE TELE (SMA.SG) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 0.620 and 0.640 that was broken up at 0.780 transforming into a supporting line.
SMARTONE TELE (SMA.SG) Mid term stock chart patterns for internet stock trading :
5- The Stock formed a 0.380 $ height triangle which was broken up at 0.600, target of the pattern is 0.980.
SMARTONE TELE (SMA.SG) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 0.380 $ height triangle which was broken up at 0.600, target of the pattern is 0.980.
Stock Trading Conclusion:
SMARTONE TELE (SMA.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 : 0.980,.
Stock Support levels : 0.763, 0.728, 0.700, 0.672, 0.597, 0.580, 0.513,.