Today we will analyze the stock INVESTA PROP GROUP (IQD.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in INVESTA PROP GROUP (IQD.SG)
1- Last bearish trend was from 1.72 $ (7/27/2007) to 1.52 $ (8/17/2007) a 0.20 $ move 2- The current bullish trend started from 1.52 $ at 8/17/2007 and is currently trading at 1.58 $.
3- IQD.SG current support level is at 1.57 which is the 23.60 % fibonacci retracement of the last 0.20 $ move.
4- IQD.SG current resistance level is at 1.60 which is the 38.20 % fibonacci retracement of the last 0.20 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
INVESTA PROP GROUP (IQD.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.720 and 1.860, and is currently resisting at 1.646.
INVESTA PROP GROUP (IQD.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 1.610 and 1.700,resistance between 1.720 and 1.860, the stock channel is currently supported from below by 1.460 and resisted from above by 1.646.
INVESTA PROP GROUP (IQD.SG) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.300 $ height triangle which was broken up at 1.540, target of the pattern is 1.840 which was broken down at 1.700, target of the pattern is 1.400.

Stock Trading Conclusion:
INVESTA PROP GROUP (IQD.SG) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 1.60, 1.62, 1.64, 1.65, 1.72, 1.77, 1.84, 1.84, 2.82.
Stock Support levels : 1.57, 1.57, 1.56, 1.55, 1.54, 1.52, 1.49,.