Stock Technical indicators to notice in SOUTHEAST CEMENT TWD10 (1110.TW)
1- Last bearish trend was from 12.45 $ (4/26/2012) to 12.00 $ (4/30/2012) a 0.45 $ move 2- The current bullish trend started from 12.00 $ at 4/30/2012 and is currently trading at 12.30 $.
4- 1110.TW current resistance level is at 12.45 which is the 100.00 % fibonacci retracement of the last 0.45 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
SOUTHEAST CEMENT TWD10 (1110.TW) Short term stock chart patterns for internet stock trading :
6- The Stock formed Double Bottom Pattern at 12.000 .
7- The Stock formed a 0.550 $ height triangle which was broken up at 12.500, target of the pattern is 13.050.
SOUTHEAST CEMENT TWD10 (1110.TW) Mid term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 11.300 and 9.580, and is currently supporting at 12.178.
SOUTHEAST CEMENT TWD10 (1110.TW) Long term stock chart patterns for internet stock trading :
9- The Stock was supported by a support line, identified by two points: 11.300 and 9.580, and is currently supporting at 12.178.
Stock Trading Conclusion:
SOUTHEAST CEMENT TWD10 (1110.TW) was trading in a strong bullish wave, which is becoming stronger .
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 : 12.45, 12.57, 12.60, 12.73, 13.05.
Stock Support levels : 12.28, 12.27, 12.23, 12.23, 12.19, 12.18, 12.17, 12.15, 12.11, 12.11, 12.00,.
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