Today we will analyze the stock ASIAINFO HLDNG (AFB.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in ASIAINFO HLDNG (AFB.SG)
1- Last bullish trend was from 8.74 $ (4/19/2012) to 9.43 $ (5/2/2012) a 0.69 $ move 2- The current bearish trend started from 9.43 $ at 5/2/2012 and is currently trading at 8.99 $.
3- AFB.SG current support level is at 8.74 which is the 100.00 % fibonacci retracement of the last 0.69 $ move.
4- AFB.SG current resistance level is at 9.00 which is the 61.80 % fibonacci retracement of the last 0.69 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ASIAINFO HLDNG (AFB.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 8.740 and 8.470 that was broken down at 8.990 transforming into a resistance line.
ASIAINFO HLDNG (AFB.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 8.470 and 5.010,resistance between 10.410 and 6.670 which was broken down at 9.300.
ASIAINFO HLDNG (AFB.SG) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 8.470 and 5.010,resistance between 10.410 and 6.670 which was broken down at 9.300.

Stock Trading Conclusion:
ASIAINFO HLDNG (AFB.SG) was trading in a 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 : 9.00, 9.07, 9.09, 9.09, 9.16, 9.17, 9.21, 9.26, 9.27, 9.43, 9.43,.
Stock Support levels : 8.74, 8.55,.