Today we will analyze the stock Novo Group (5MY.SI) for internet stock trading in the SI stock market,
Stock Technical indicators to notice in Novo Group (5MY.SI)
1- Last bullish trend was from 0.17 $ (11/1/2010) to 0.18 $ (11/3/2010) a 0.01 $ move 2- The current bearish trend started from 0.18 $ at 11/3/2010 and is currently trading at 0.17 $.
3- 5MY.SI current support level is at 0.17 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- 5MY.SI current resistance level is at 0.17 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Novo Group (5MY.SI) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.180 and 0.200, and is currently resisting at 0.175.
Novo Group (5MY.SI) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.200 and 0.220, and is currently resisting at 0.171.
Novo Group (5MY.SI) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.200 and 0.220, and is currently resisting at 0.171.

Stock Trading Conclusion:
Novo Group (5MY.SI) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.171, 0.172, 0.174, 0.175, 0.175, 0.175, 0.176, 0.178, 0.180,.
Stock Support levels : 0.167,.