Today we will analyze the stock COMCAST-A (CTP2.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in COMCAST-A (CTP2.SG)
1- Last bearish trend was from 22.89 $ (4/17/2012) to 22.00 $ (4/23/2012) a 0.89 $ move 2- The current bullish trend started from 22.00 $ at 4/23/2012 and is currently trading at 22.72 $.
3- CTP2.SG current support level is at 22.55 which is the 61.80 % fibonacci retracement of the last 0.89 $ move.
4- CTP2.SG current resistance level is at 22.89 which is the 100.00 % fibonacci retracement of the last 0.89 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
COMCAST-A (CTP2.SG) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 22.000 $ and 22.890 $.

COMCAST-A (CTP2.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 15.620 .
COMCAST-A (CTP2.SG) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 4.150 $ height triangle which was broken up at 17.870, target of the pattern is 22.020.

Stock Trading Conclusion:
COMCAST-A (CTP2.SG) was trading in a bearish wave, which is becoming weaker .
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 : 22.87, 22.89, 22.89, 23.13, 23.44.
Stock Support levels : 22.55, 22.55, 22.44, 22.44, 22.36, 22.34, 22.28, 22.21, 22.07, 22.00, 17.32,.