Today we will analyze the stock NORDIC AMER TANKER (B30.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in NORDIC AMER TANKER (B30.SG)
1- Last bullish trend was from 10.38 $ (4/23/2012) to 10.81 $ (4/30/2012) a 0.43 $ move 2- The current bearish trend started from 10.81 $ at 4/30/2012 and is currently trading at 10.03 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
NORDIC AMER TANKER (B30.SG) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 10.810 and 11.690, and is currently resisting at 10.625.
NORDIC AMER TANKER (B30.SG) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 9.810 .
NORDIC AMER TANKER (B30.SG) Long term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 9.810 .

Stock Trading Conclusion:
NORDIC AMER TANKER (B30.SG) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 10.21, 10.33, 10.42, 10.51, 10.62, 10.81.
Stock Support levels : 9.81,.