Today we will analyze the stock 2ND CUP ROYALTY IN TRUST UNITS (SCU-UN.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in 2ND CUP ROYALTY IN TRUST UNITS (SCU-UN.TO)
1- Last bearish trend was from 7.50 $ (4/3/2012) to 7.05 $ (4/18/2012) a 0.45 $ move 2- The current bullish trend started from 7.05 $ at 4/18/2012 and is currently trading at 7.27 $.
3- SCU-UN.TO current support level is at 7.22 which is the 38.20 % fibonacci retracement of the last 0.45 $ move.
4- SCU-UN.TO current resistance level is at 7.28 which is the 50.00 % fibonacci retracement of the last 0.45 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
2ND CUP ROYALTY IN TRUST UNITS (SCU-UN.TO) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 7.050 and 6.760, and is currently supporting at 7.168.
2ND CUP ROYALTY IN TRUST UNITS (SCU-UN.TO) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 5.910 and 5.340, and is currently supporting at 6.918.
2ND CUP ROYALTY IN TRUST UNITS (SCU-UN.TO) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
2ND CUP ROYALTY IN TRUST UNITS (SCU-UN.TO) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 7.28, 7.33, 7.50, 7.62, 7.78.
Stock Support levels : 7.22, 7.22, 7.19, 7.17, 7.16, 7.16, 7.13, 7.05,.