Today we will analyze the stock ALLEANZA (AZA.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in ALLEANZA (AZA.SG)
1- Last bullish trend was from 4.97 $ (8/17/2009) to 5.68 $ (9/1/2009) a 0.71 $ move 2- The current bearish trend started from 5.68 $ at 9/1/2009 and is currently trading at 4.60 $.
3- AZA.SG current support level is at 4.53 which is the 161.80 % fibonacci retracement of the last 0.71 $ move.
4- AZA.SG current resistance level is at 4.78 which is the 127.20 % fibonacci retracement of the last 0.71 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, 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.
ALLEANZA (AZA.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 4.970 and 4.380 that was broken down at 4.600 transforming into a resistance line.
ALLEANZA (AZA.SG) Mid term stock chart patterns for internet stock trading :

None.
ALLEANZA (AZA.SG) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 4.380 and 3.470 that was broken down at 4.600 transforming into a resistance line.

Stock Trading Conclusion:
ALLEANZA (AZA.SG) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 4.78, 4.85, 4.97, 5.01, 5.09, 5.14, 5.24, 5.27, 5.32, 5.41, 5.51, 5.68, 5.74.
Stock Support levels : 4.53.