Stock Technical indicators to notice in SINO LAND CO (SNO.SG)
1- Last bullish trend was from 0.82 $ (2/10/2014) to 0.92 $ (3/3/2014) a 0.10 $ move 2- The current bearish trend started from 0.92 $ at 3/3/2014 and is currently trading at 0.84 $.
4- SNO.SG current resistance level is at 0.86 which is the 61.80 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SINO LAND CO (SNO.SG) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 0.920 and 1.010, and is currently resisting at 0.904.
SINO LAND CO (SNO.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock traded in a bearish stock channel identifed by support at 0.820 and 0.930,resistance between 0.920 and 1.010, the stock channel is currently supported from below by 0.765 and resisted from above by 0.904.
SINO LAND CO (SNO.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 0.820 and 0.600 that was broken down at 0.840 transforming into a resistance line.
Stock Trading Conclusion:
SINO LAND CO (SNO.SG) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 0.858, 0.858, 0.859, 0.870, 0.871, 0.880, 0.882, 0.889, 0.896, 0.904, 0.920,.
Stock Support levels : 0.820, 0.793,.