Today we will analyze the stock ALLIANZ N (ALV.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in ALLIANZ N (ALV.SG)
1- Last bearish trend was from 85.13 $ (4/17/2012) to 82.55 $ (4/23/2012) a 2.58 $ move 2- The current bullish trend started from 82.55 $ at 4/23/2012 and is currently trading at 84.63 $.
3- ALV.SG current support level is at 84.14 which is the 61.80 % fibonacci retracement of the last 2.58 $ move.
4- ALV.SG current resistance level is at 85.13 which is the 100.00 % fibonacci retracement of the last 2.58 $ move.
5- According to ADX Indicator, the trend is currently 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.
ALLIANZ N (ALV.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 82.550 .
7- The Stock formed a 12.590 $ height triangle which was broken up at 82.800, target of the pattern is 95.390.
ALLIANZ N (ALV.SG) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 85.670 and 72.860,resistance between 94.850 and 91.480 which was broken down at 89.430.
ALLIANZ N (ALV.SG) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 72.080 and 65.300 that was broken down at 75.560 transforming into a resistance line.

Stock Trading Conclusion:
ALLIANZ N (ALV.SG) was trading in a bearish wave, which is becoming weaker .
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 : 85.13, 85.83, 86.72, 95.39, 98.48, 123.19.
Stock Support levels : 84.14, 84.14, 83.84, 83.84, 83.59, 83.54, 83.34, 83.16, 82.99, 82.55,.