Today we will analyze the stock BRITISH AIRWAYS (BAI1.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in BRITISH AIRWAYS (BAI1.SG)
1- Last bullish trend was from 3.09 $ (1/3/2011) to 3.59 $ (1/7/2011) a 0.50 $ move 2- The current bearish trend started from 3.59 $ at 1/7/2011 and is currently trading at 3.26 $.
3- BAI1.SG current support level is at 3.09 which is the 100.00 % fibonacci retracement of the last 0.50 $ move.
4- BAI1.SG current resistance level is at 3.28 which is the 61.80 % fibonacci retracement of the last 0.50 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,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.
BRITISH AIRWAYS (BAI1.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 3.090 and 3.070, and is currently supporting at 3.103.
BRITISH AIRWAYS (BAI1.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 3.090 and 3.010, and is currently supporting at 3.123.
BRITISH AIRWAYS (BAI1.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 3.010 and 2.180 that was broken down at 3.250 transforming into a resistance line.

Stock Trading Conclusion:
BRITISH AIRWAYS (BAI1.SG) was trading in a strong bullish wave, which is becoming weaker .
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 : 3.28, 3.34, 3.34, 3.39, 3.40, 3.42, 3.43, 3.46, 3.47, 3.59,.
Stock Support levels : 3.12, 3.10, 3.09, 2.95,.