Today we will analyze the stock MP Reit (P40U.SI) for internet stock trading in the SI stock market,
Stock Technical indicators to notice in MP Reit (P40U.SI)
1- Last bullish trend was from 0.75 $ (2/4/2014) to 0.80 $ (2/21/2014) a 0.05 $ move 2- The current bearish trend started from 0.80 $ at 2/21/2014 and is currently trading at 0.77 $.
3- P40U.SI current support level is at 0.77 which is the 61.80 % fibonacci retracement of the last 0.05 $ move.
4- P40U.SI current resistance level is at 0.77 which is the 50.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
MP Reit (P40U.SI) Short term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.750 $ and 0.800 $.

MP Reit (P40U.SI) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 0.090 $ height triangle which was broken up at 0.790, target of the pattern is 0.880.
MP Reit (P40U.SI) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 0.700 and 0.520 that was broken down at 0.800 transforming into a resistance line.

Stock Trading Conclusion:
MP Reit (P40U.SI) was trading in a strong bullish wave, which is becoming weaker .
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 : 0.775, 0.777, 0.781, 0.781, 0.785, 0.788, 0.789, 0.800, 0.880, 0.888.
Stock Support levels : 0.769, 0.769, 0.750, 0.736,.