Stock Technical indicators to notice in STEPSTONE -A- (SOG.SG)
1- Last bullish trend was from 0.93 $ (11/2/2009) to 1.09 $ (11/4/2009) a 0.16 $ move 2- The current bearish trend started from 1.09 $ at 11/4/2009 and is currently trading at 1.02 $.
4- SOG.SG current resistance level is at 1.03 which is the 38.20 % fibonacci retracement of the last 0.16 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
STEPSTONE -A- (SOG.SG) Short term stock chart patterns for internet stock trading :
STEPSTONE -A- (SOG.SG) Mid term stock chart patterns for internet stock trading :
STEPSTONE -A- (SOG.SG) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 1.040 and 1.090 that was broken up at 1.090 transforming into a supporting line.
Stock Trading Conclusion:
STEPSTONE -A- (SOG.SG) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 1.03, 1.04, 1.05, 1.05, 1.06, 1.06, 1.09,.
Stock Support levels : 1.01, 0.99, 0.93, 0.89, 0.84,.