Today we will analyze the stock ALCOA (ALU.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in ALCOA (ALU.SG)
1- Last bearish trend was from 7.48 $ (12/5/2011) to 6.58 $ (12/20/2011) a 0.90 $ move 2- The current bullish trend started from 6.58 $ at 12/20/2011 and is currently trading at 8.13 $.
3- According to ADX Indicator, the trend is currently strong bullish, 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.
ALCOA (ALU.SG) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 7.480 and 7.890 that was broken up at 7.270 transforming into a supporting line.
ALCOA (ALU.SG) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 7.480 and 7.970 that was broken up at 7.270 transforming into a supporting line.
ALCOA (ALU.SG) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 7.480 and 7.970 that was broken up at 7.270 transforming into a supporting line.

Stock Trading Conclusion:
ALCOA (ALU.SG) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : .
Stock Support levels : 7.76, 7.54, 7.36, 7.17, 6.72, 6.58,.