Stock Technical indicators to notice in COL CAPITAL (SMIA.SG)
1- Last bearish trend was from 0.73 $ (7/26/2007) to 0.70 $ (7/27/2007) a 0.03 $ move 2- The current bullish trend started from 0.70 $ at 7/27/2007 and is currently trading at 0.74 $.
4- SMIA.SG current resistance level is at 0.75 which is the 161.80 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
COL CAPITAL (SMIA.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was supported by a support line, identified by two points: 0.700 and 0.550, and is currently supporting at 0.713.
COL CAPITAL (SMIA.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 0.620 and 0.630 that was broken up at 0.600 transforming into a supporting line.
COL CAPITAL (SMIA.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 0.550 and 0.440, and is currently supporting at 0.688.
Stock Trading Conclusion:
COL CAPITAL (SMIA.SG) was trading in a strong bullish wave, which is becoming weaker .
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 : 0.749.
Stock Support levels : 0.738, 0.731, 0.730, 0.725, 0.720, 0.719, 0.715, 0.715, 0.713, 0.711, 0.707, 0.700, 0.688,.