Stock Technical indicators to notice in COL CAPITAL (SMIC.SG)
1- Last bullish trend was from 0.03 $ (2/10/2009) to 0.05 $ (2/11/2009) a 0.02 $ move 2- The current bearish trend started from 0.05 $ at 2/11/2009 and is currently trading at 0.03 $.
4- SMIC.SG current resistance level is at 0.03 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.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 (SMIC.SG) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 0.030 .
COL CAPITAL (SMIC.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 0.030 .
COL CAPITAL (SMIC.SG) Long term stock chart patterns for internet stock trading :
8- The Stock formed Double Bottom Pattern at 0.030 .
Stock Trading Conclusion:
COL CAPITAL (SMIC.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 : 0.035, 0.038, 0.038, 0.040, 0.042, 0.045, 0.050, 0.050.
Stock Support levels : 0.025,.