Today we will analyze the stock GLD 10US$ (O87.SI) for internet stock trading in the SI stock market,
Stock Technical indicators to notice in GLD 10US$ (O87.SI)
1- Last bullish trend was from 159.52 $ (3/22/2012) to 164.51 $ (3/27/2012) a 4.99 $ move 2- The current bearish trend started from 164.51 $ at 3/27/2012 and is currently trading at 158.28 $.
3- O87.SI current support level is at 158.16 which is the 127.20 % fibonacci retracement of the last 4.99 $ move.
4- O87.SI current resistance level is at 159.52 which is the 100.00 % fibonacci retracement of the last 4.99 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
GLD 10US$ (O87.SI) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 18.920 $ height triangle which was broken up at 160.940, target of the pattern is 179.860 which was broken down at 159.890, target of the pattern is 140.970.
GLD 10US$ (O87.SI) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 154.350 and 151.060 that was broken down at 157.200 transforming into a resistance line.
GLD 10US$ (O87.SI) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 174.000 and 184.500 that was broken up at 165.670 transforming into a supporting line.

Stock Trading Conclusion:
GLD 10US$ (O87.SI) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 159.52, 159.75, 160.66, 161.39, 161.43, 162.01, 162.13, 162.30, 162.60, 163.33, 164.51, 179.86, 290.89.
Stock Support levels : 158.16, 156.44, 152.52, 145.36,.