Today we will analyze the stock SH INDUSTRIAL (SGI.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in SH INDUSTRIAL (SGI.F)
1- Last bullish trend was from 2.27 $ (3/30/2012) to 2.50 $ (5/2/2012) a 0.23 $ move 2- The current bearish trend started from 2.50 $ at 5/2/2012 and is currently trading at 2.39 $.
3- SGI.F current support level is at 2.38 which is the 50.00 % fibonacci retracement of the last 0.23 $ move.
4- SGI.F current resistance level is at 2.41 which is the 38.20 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SH INDUSTRIAL (SGI.F) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.500 and 2.570, and is currently resisting at 2.494.
SH INDUSTRIAL (SGI.F) Mid term stock chart patterns for internet stock trading :

None.
SH INDUSTRIAL (SGI.F) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.270 and 1.910, and is currently supporting at 2.376.

Stock Trading Conclusion:
SH INDUSTRIAL (SGI.F) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 2.41, 2.42, 2.43, 2.45, 2.45, 2.46, 2.49, 2.50,.
Stock Support levels : 2.38, 2.38, 2.36, 2.27, 2.21,.