Today we will analyze the stock GUOCO GRP (GUO.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in GUOCO GRP (GUO.SG)
1- Last bullish trend was from 6.41 $ (4/10/2012) to 6.62 $ (4/16/2012) a 0.21 $ move 2- The current bearish trend started from 6.62 $ at 4/16/2012 and is currently trading at 6.22 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
GUOCO GRP (GUO.SG) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 6.410 and 6.970,resistance between 6.620 and 7.230 which was broken up at 6.320.
GUOCO GRP (GUO.SG) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 6.680 and 6.310 that was broken down at 7.190 transforming into a resistance line.
GUOCO GRP (GUO.SG) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
GUOCO GRP (GUO.SG) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 6.31, 6.37, 6.42, 6.47, 6.62, 7.48.
Stock Support levels : 6.17.