Stock Technical indicators to notice in SOLOMON HLDGS (SOLH.TA)
1- Last bearish trend was from 460.00 $ (3/1/2012) to 201.00 $ (4/18/2012) a 259.00 $ move 2- The current bullish trend started from 201.00 $ at 4/18/2012 and is currently trading at 460.00 $.
4- SOLH.TA current resistance level is at 530.45 which is the 127.20 % fibonacci retracement of the last 259.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
SOLOMON HLDGS (SOLH.TA) Short term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 460.000 and 477.400 that was broken up at 460.000 transforming into a supporting line.
SOLOMON HLDGS (SOLH.TA) Mid term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 460.000 and 510.000 that was broken up at 460.000 transforming into a supporting line.
SOLOMON HLDGS (SOLH.TA) Long term stock chart patterns for internet stock trading :
None.
Stock Trading Conclusion:
SOLOMON HLDGS (SOLH.TA) was trading in a strong 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 : 530.45, 620.06.
Stock Support levels : 447.63, 447.10, 398.88, 361.06, 330.50, 299.94, 262.12, 201.00,.
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