Today we will analyze the stock OCBC Bk (O39.SI) for internet stock trading in the SI stock market,
Stock Technical indicators to notice in OCBC Bk (O39.SI)
1- Last bearish trend was from 9.00 $ (3/16/2012) to 8.70 $ (4/11/2012) a 0.30 $ move 2- The current bullish trend started from 8.70 $ at 4/11/2012 and is currently trading at 8.80 $.
3- O39.SI current support level is at 8.77 which is the 23.60 % fibonacci retracement of the last 0.30 $ move.
4- O39.SI current resistance level is at 8.81 which is the 38.20 % fibonacci retracement of the last 0.30 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
OCBC Bk (O39.SI) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 9.000 .
7- The Stock formed a 0.370 $ height triangle.
OCBC Bk (O39.SI) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 2.340 $ height triangle which was broken up at 8.110 in higher than usual volume, target of the pattern is 10.450.
OCBC Bk (O39.SI) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 2.340 $ height triangle which was broken up at 8.110 in higher than usual volume, target of the pattern is 10.450.

Stock Trading Conclusion:
OCBC Bk (O39.SI) was trading in a bearish wave, which is becoming stronger .
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 : 8.81, 8.85, 8.89, 9.00, 9.08, 9.19, 10.45,.
Stock Support levels : 8.78, 8.77, 8.76, 8.75, 8.74, 8.70, 5.60,.