Today we will analyze the stock IPI (IPM.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in IPI (IPM.SG)
1- Last bullish trend was from 1.20 $ (6/9/2009) to 1.80 $ (10/2/2009) a 0.60 $ move 2- The current bearish trend started from 1.80 $ at 10/2/2009 and is currently trading at 1.71 $.
3- IPM.SG current support level is at 1.66 which is the 23.60 % fibonacci retracement of the last 0.60 $ move.
4- IPM.SG current resistance level is at 1.80 which is the 0.00 % fibonacci retracement of the last 0.60 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
IPI (IPM.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.200 and 1.070, and is currently supporting at 1.457.
IPI (IPM.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.380 $ height triangle which was broken up at 1.770, target of the pattern is 2.150.
IPI (IPM.SG) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.380 $ height triangle which was broken up at 1.770, target of the pattern is 2.150.

Stock Trading Conclusion:
IPI (IPM.SG) was trading in a strong bullish 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 : 1.73, 1.74, 1.75, 1.77, 1.80, 2.15,.
Stock Support levels : 1.66, 1.57, 1.50, 1.46, 1.43, 1.20, 1.09, 1.04,.