Stock Technical indicators to notice in SFK PULP FUND TRUST UNITS (SFK-UN.TO)
1- Last bullish trend was from 0.95 $ (4/24/2012) to 0.98 $ (4/25/2012) a 0.03 $ move 2- The current bearish trend started from 0.98 $ at 4/25/2012 and is currently trading at 0.89 $.
SFK PULP FUND TRUST UNITS (SFK-UN.TO) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 0.980 and 1.080 that was broken up at 0.970 transforming into a supporting line.
SFK PULP FUND TRUST UNITS (SFK-UN.TO) Mid term stock chart patterns for internet stock trading :
5- The Stock traded in a bearish stock channel identifed by support at 1.030 and 1.140,resistance between 1.150 and 1.260, the stock channel is currently supported from below by 0.887 and resisted from above by 1.051.
SFK PULP FUND TRUST UNITS (SFK-UN.TO) Long term stock chart patterns for internet stock trading :
6- The Stock traded in a bearish stock channel identifed by support at 1.030 and 1.140,resistance between 1.150 and 1.260, the stock channel is currently supported from below by 0.887 and resisted from above by 1.051.
Stock Trading Conclusion:
SFK PULP FUND TRUST UNITS (SFK-UN.TO) was trading in a bearish 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 : 0.911, 0.924, 0.935, 0.946, 0.980.
Stock Support levels : 0.820.
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