Today we will analyze the stock CARSO INFRAEST-B-1 (4FT.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in CARSO INFRAEST-B-1 (4FT.SG)
1- Last bearish trend was from 0.39 $ (3/19/2012) to 0.36 $ (4/27/2012) a 0.03 $ move 2- The current bullish trend started from 0.36 $ at 4/27/2012 and is currently trading at 0.37 $.
3- 4FT.SG current support level is at 0.37 which is the 23.60 % fibonacci retracement of the last 0.03 $ move.
4- 4FT.SG current resistance level is at 0.37 which is the 38.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
CARSO INFRAEST-B-1 (4FT.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.390 .
CARSO INFRAEST-B-1 (4FT.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.390 .
8- The Stock formed a 0.120 $ height triangle which was broken down at 0.380, target of the pattern is 0.260.
CARSO INFRAEST-B-1 (4FT.SG) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CARSO INFRAEST-B-1 (4FT.SG) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.371, 0.375, 0.379, 0.390, 0.398, 0.409, 0.427.
Stock Support levels : 0.368, 0.367, 0.366, 0.365, 0.364, 0.360,.