Stock Technical indicators to notice in SEABRIDGE GOLD (SRM.SG)
1- Last bullish trend was from 6.20 $ (2/28/2014) to 6.64 $ (3/7/2014) a 0.44 $ move 2- The current bearish trend started from 6.64 $ at 3/7/2014 and is currently trading at 6.44 $.
4- SRM.SG current resistance level is at 6.47 which is the 38.20 % fibonacci retracement of the last 0.44 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SEABRIDGE GOLD (SRM.SG) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 6.200 .
SEABRIDGE GOLD (SRM.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock was supported by a support line, identified by two points: 6.200 and 5.730, and is currently supporting at 6.323.
SEABRIDGE GOLD (SRM.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 5.730 and 4.810 that was broken down at 6.440 transforming into a resistance line.
Stock Trading Conclusion:
SEABRIDGE GOLD (SRM.SG) was trading in a bullish 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 : 6.45, 6.47, 6.49, 6.52, 6.54, 6.54, 6.56, 6.64,.
Stock Support levels : 6.42, 6.37, 6.32, 6.20, 6.17, 6.08,.