Today we will analyze the stock SH INDUSTRIAL (SGI.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in SH INDUSTRIAL (SGI.DE)
1- Last bullish trend was from 2.95 $ (12/6/2010) to 3.15 $ (12/7/2010) a 0.20 $ move 2- The current bearish trend started from 3.15 $ at 12/7/2010 and is currently trading at 2.53 $.
3- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
SH INDUSTRIAL (SGI.DE) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 3.150 and 3.750, and is currently resisting at 2.636.
SH INDUSTRIAL (SGI.DE) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 3.150 and 3.750, and is currently resisting at 2.636.
SH INDUSTRIAL (SGI.DE) Long term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 2.990 that failed and formed a resistance.

Stock Trading Conclusion:
SH INDUSTRIAL (SGI.DE) was trading in a strong 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 : 2.64, 2.68, 2.77, 2.84, 2.91, 2.99, 3.15.
Stock Support levels :.