Today we will analyze the stock YU MING INV (422144.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in YU MING INV (422144.SG)
1- Last bullish trend was from 0.01 $ (8/20/2008) to 0.03 $ (9/10/2008) a 0.02 $ move 2- The current bearish trend started from 0.03 $ at 9/10/2008 and is currently trading at 0.01 $.
3- 422144.SG current support level is at 0.00 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- 422144.SG current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
YU MING INV (422144.SG) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.010 $ and 0.030 $.

YU MING INV (422144.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.010 $ and 0.030 $.

YU MING INV (422144.SG) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.010 $ and 0.030 $.


Stock Trading Conclusion:
YU MING INV (422144.SG) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 0.015, 0.018, 0.020, 0.022, 0.025, 0.030,.
Stock Support levels : 0.005,.