Stock Technical indicators to notice in SOFTWARE (SOW.SG)
1- Last bearish trend was from 28.84 $ (2/28/2014) to 27.22 $ (3/3/2014) a 1.62 $ move 2- The current bullish trend started from 27.22 $ at 3/3/2014 and is currently trading at 28.43 $.
4- SOW.SG current resistance level is at 28.84 which is the 100.00 % fibonacci retracement of the last 1.62 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SOFTWARE (SOW.SG) Short term stock chart patterns for internet stock trading :
6- The Stock traded in a bullish stock channel identifed by support at 27.220 and 26.410,resistance between 28.840 and 27.700, the stock channel is currently supported from below by 27.445 and resisted from above by 29.137.
SOFTWARE (SOW.SG) Mid term stock chart patterns for internet stock trading :
SOFTWARE (SOW.SG) Long term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 24.600 and 22.810, and is currently supporting at 25.281.
Stock Trading Conclusion:
SOFTWARE (SOW.SG) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 28.84, 29.28, 29.84.
Stock Support levels : 28.22, 28.14, 28.03, 27.97, 27.84, 27.83, 27.68, 27.60, 27.22,.