Today we will analyze the stock CRIT.CAIXACORP (48CA.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in CRIT.CAIXACORP (48CA.SG)
1- Last bearish trend was from 2.50 $ (4/27/2012) to 2.36 $ (5/3/2012) a 0.14 $ move 2- The current bullish trend started from 2.36 $ at 5/3/2012 and is currently trading at 2.46 $.
3- 48CA.SG current support level is at 2.45 which is the 61.80 % fibonacci retracement of the last 0.14 $ move.
4- 48CA.SG current resistance level is at 2.50 which is the 100.00 % fibonacci retracement of the last 0.14 $ 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.
CRIT.CAIXACORP (48CA.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.500 and 3.180 that was broken up at 2.460 transforming into a supporting line.
CRIT.CAIXACORP (48CA.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 3.550 that failed and formed a resistance.
8- The Stock was supported by a support line, identified by two points: 3.550 and 3.540 that was broken down at 3.510 transforming into a resistance line.
CRIT.CAIXACORP (48CA.SG) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bullish stock channel identifed by support at 3.130 and 2.880,resistance between 3.900 and 3.490 which was broken down at 3.630.

Stock Trading Conclusion:
CRIT.CAIXACORP (48CA.SG) 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 : 2.50, 2.54, 2.59, 3.59, 4.02.
Stock Support levels : 2.45, 2.44, 2.43, 2.42, 2.41, 2.41, 2.40, 2.39, 2.38, 2.36,.