Today we will analyze the stock JAFCO (JAF.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in JAFCO (JAF.SG)
1- Last bearish trend was from 17.79 $ (4/27/2012) to 16.92 $ (5/4/2012) a 0.87 $ move 2- The current bullish trend started from 16.92 $ at 5/4/2012 and is currently trading at 17.44 $.
3- JAF.SG current support level is at 17.35 which is the 50.00 % fibonacci retracement of the last 0.87 $ move.
4- JAF.SG current resistance level is at 17.46 which is the 61.80 % fibonacci retracement of the last 0.87 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
JAFCO (JAF.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 17.790 and 19.150 that was broken up at 17.440 transforming into a supporting line.
JAFCO (JAF.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 17.280 and 13.140 that was broken down at 17.350 transforming into a resistance line.
JAFCO (JAF.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 13.140 and 12.320, and is currently supporting at 16.648.

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

Stock Resistance Levels : 17.46, 17.79, 18.03, 18.33, 19.65.
Stock Support levels : 17.39, 17.35, 17.32, 17.25, 17.24, 17.18, 17.13, 17.12, 16.92,.