Today we will analyze the stock GLORIOUS SUN (GLV.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in GLORIOUS SUN (GLV.SG)
1- Last bullish trend was from 0.26 $ (3/8/2012) to 0.28 $ (3/16/2012) a 0.02 $ move 2- The current bearish trend started from 0.28 $ at 3/16/2012 and is currently trading at 0.25 $.
3- GLV.SG current support level is at 0.25 which is the 161.80 % fibonacci retracement of the last 0.02 $ move.
4- GLV.SG current resistance level is at 0.25 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
GLORIOUS SUN (GLV.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.260 that failed and formed a resistance.
GLORIOUS SUN (GLV.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.220 .
GLORIOUS SUN (GLV.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.220 and 0.200, and is currently supporting at 0.250.

Stock Trading Conclusion:
GLORIOUS SUN (GLV.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 : 0.255, 0.257, 0.260, 0.261, 0.265, 0.268, 0.269, 0.270, 0.272, 0.275, 0.280,.
Stock Support levels : 0.250, 0.248,.