Today we will analyze the stock DIAGEO (GUI.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in DIAGEO (GUI.SG)
1- Last bearish trend was from 18.67 $ (3/14/2012) to 17.95 $ (3/30/2012) a 0.72 $ move 2- The current bullish trend started from 17.95 $ at 3/30/2012 and is currently trading at 19.64 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
DIAGEO (GUI.SG) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bullish stock channel identifed by support at 17.950 and 16.470,resistance between 18.670 and 17.080, the stock channel is currently supported from below by 18.645 and resisted from above by 19.829.
DIAGEO (GUI.SG) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 12.640 .
6- The Stock formed a 2.340 $ height triangle which was broken up at 14.000 in higher than usual volume, target of the pattern is 16.340.
DIAGEO (GUI.SG) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
DIAGEO (GUI.SG) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : .
Stock Support levels : 19.24, 18.99, 18.80, 18.60, 17.95, 11.10,.