Today we will analyze the stock GRAMERCY CAPITAL (GGU.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in GRAMERCY CAPITAL (GGU.SG)
1- Last bullish trend was from 1.91 $ (4/30/2012) to 2.03 $ (5/2/2012) a 0.12 $ move 2- The current bearish trend started from 2.03 $ at 5/2/2012 and is currently trading at 2.00 $.
3- GGU.SG current support level is at 1.98 which is the 38.20 % fibonacci retracement of the last 0.12 $ move.
4- GGU.SG current resistance level is at 2.00 which is the 23.60 % fibonacci retracement of the last 0.12 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
GRAMERCY CAPITAL (GGU.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.910 and 1.900, and is currently supporting at 1.913.
GRAMERCY CAPITAL (GGU.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.900 and 1.840, and is currently supporting at 1.932.
GRAMERCY CAPITAL (GGU.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.840 and 1.790, and is currently supporting at 1.924.

Stock Trading Conclusion:
GRAMERCY CAPITAL (GGU.SG) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 2.00, 2.01, 2.01, 2.01, 2.02, 2.03,.
Stock Support levels : 1.98, 1.97, 1.96, 1.93, 1.92, 1.91, 1.91, 1.88,.