Today we will analyze the stock CHINA MOBIL SP ADR (CTMA.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in CHINA MOBIL SP ADR (CTMA.SG)
1- Last bearish trend was from 38.67 $ (1/10/2012) to 37.44 $ (1/16/2012) a 1.23 $ move 2- The current bullish trend started from 37.44 $ at 1/16/2012 and is currently trading at 38.58 $.
3- CTMA.SG current support level is at 38.20 which is the 61.80 % fibonacci retracement of the last 1.23 $ move.
4- CTMA.SG current resistance level is at 38.67 which is the 100.00 % fibonacci retracement of the last 1.23 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
CHINA MOBIL SP ADR (CTMA.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 37.440 and 36.000 that was broken down at 37.670 transforming into a resistance line.
CHINA MOBIL SP ADR (CTMA.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 33.620 and 31.560, and is currently supporting at 36.035.
CHINA MOBIL SP ADR (CTMA.SG) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 11.580 $ height triangle which was broken up at 37.490, target of the pattern is 49.070.

Stock Trading Conclusion:
CHINA MOBIL SP ADR (CTMA.SG) was trading in a bullish 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 : 38.67, 39.00, 39.43, 39.68, 49.07.
Stock Support levels : 38.31, 38.20, 38.14, 38.06, 38.01, 37.91, 37.88, 37.73, 37.44, 36.05,.