Today we will analyze the stock SIMEC-B (4FV.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SIMEC-B (4FV.SG)
1- Last bearish trend was from 2.42 $ (4/19/2012) to 2.19 $ (4/26/2012) a 0.23 $ move 2- The current bullish trend started from 2.19 $ at 4/26/2012 and is currently trading at 2.33 $.
3- 4FV.SG current support level is at 2.31 which is the 50.00 % fibonacci retracement of the last 0.23 $ move.
4- 4FV.SG current resistance level is at 2.33 which is the 61.80 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SIMEC-B (4FV.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 2.420 .
SIMEC-B (4FV.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 2.190 and 1.530,resistance between 2.420 and 1.680, the stock channel is currently supported from below by 2.235 and resisted from above by 2.506.
SIMEC-B (4FV.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.420 and 1.340, and is currently supporting at 1.613.

Stock Trading Conclusion:
SIMEC-B (4FV.SG) was trading in a bullish 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 : 2.33, 2.42, 2.42, 2.43, 2.48, 2.56.
Stock Support levels : 2.31, 2.30, 2.28, 2.28, 2.26, 2.24, 2.24, 2.19,.