Today we will analyze the stock KRAFT FOODS-A (KTF.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in KRAFT FOODS-A (KTF.SG)
1- Last bearish trend was from 29.45 $ (3/14/2012) to 28.02 $ (4/12/2012) a 1.43 $ move 2- The current bullish trend started from 28.02 $ at 4/12/2012 and is currently trading at 30.09 $.
3- KTF.SG current support level is at 29.84 which is the 127.20 % fibonacci retracement of the last 1.43 $ move.
4- KTF.SG current resistance level is at 30.33 which is the 161.80 % fibonacci retracement of the last 1.43 $ move.
5- According to ADX Indicator, the trend is currently 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.
KRAFT FOODS-A (KTF.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 28.020 .
7- The Stock formed a 2.010 $ height triangle which was broken up at 29.050, target of the pattern is 31.060.
KRAFT FOODS-A (KTF.SG) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 28.020 and 23.370, and is currently supporting at 28.474.
KRAFT FOODS-A (KTF.SG) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 24.340 and 24.670 that was broken up at 24.340 transforming into a supporting line.

Stock Trading Conclusion:
KRAFT FOODS-A (KTF.SG) was trading in a 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 : 30.33, 31.06.
Stock Support levels : 29.84, 29.60, 29.45, 29.30, 29.06, 28.90, 28.87, 28.81, 28.74, 28.57, 28.47, 28.36, 28.02, 28.01, 27.98,.