Stock Technical indicators to notice in SCITI ROCS TRUST UNITS (SCI-UN.TO)
1- Last bearish trend was from 6.64 $ (11/11/2011) to 6.27 $ (12/2/2011) a 0.37 $ move 2- The current bullish trend started from 6.27 $ at 12/2/2011 and is currently trading at 7.26 $.
SCITI ROCS TRUST UNITS (SCI-UN.TO) Short term stock chart patterns for internet stock trading :
4- The Stock traded in a bullish stock channel identifed by support at 6.270 and 5.680,resistance between 6.640 and 6.220, the stock channel is currently supported from below by 6.860 and resisted from above by 7.438.
SCITI ROCS TRUST UNITS (SCI-UN.TO) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 6.590 and 7.280 that was broken up at 6.110 transforming into a supporting line.
SCITI ROCS TRUST UNITS (SCI-UN.TO) Long term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 6.590 and 7.280 that was broken up at 6.110 transforming into a supporting line.
Stock Trading Conclusion:
SCITI ROCS TRUST UNITS (SCI-UN.TO) 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 : .
Stock Support levels : 7.03, 6.88, 6.77, 6.65, 6.27, 5.07,.
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