Today we will analyze the stock CK Tang (C01.SI) for internet stock trading in the SI stock market,
Stock Technical indicators to notice in CK Tang (C01.SI)
1- Last bullish trend was from 0.83 $ (7/22/2009) to 0.88 $ (7/31/2009) a 0.05 $ move 2- The current bearish trend started from 0.88 $ at 7/31/2009 and is currently trading at 0.82 $.
3- C01.SI current support level is at 0.82 which is the 127.20 % fibonacci retracement of the last 0.05 $ move.
4- C01.SI current resistance level is at 0.83 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CK Tang (C01.SI) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.830 and 0.650 that was broken down at 0.820 transforming into a resistance line.
CK Tang (C01.SI) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.650 and 0.570 that was broken down at 0.810 transforming into a resistance line.
CK Tang (C01.SI) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.650 and 0.570 that was broken down at 0.810 transforming into a resistance line.

Stock Trading Conclusion:
CK Tang (C01.SI) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.830, 0.834, 0.843, 0.849, 0.850, 0.855, 0.857, 0.861, 0.866, 0.868, 0.880, 1.970,.
Stock Support levels : 0.816,.