Today we will analyze the stock PANASONIC (MAT1.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in PANASONIC (MAT1.SG)
1- Last bullish trend was from 1.78 $ (3/23/2012) to 6.97 $ (3/29/2012) a 5.19 $ move 2- The current bearish trend started from 6.97 $ at 3/29/2012 and is currently trading at 5.50 $.
3- MAT1.SG current support level is at 4.99 which is the 38.20 % fibonacci retracement of the last 5.19 $ move.
4- MAT1.SG current resistance level is at 5.75 which is the 23.60 % fibonacci retracement of the last 5.19 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
PANASONIC (MAT1.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.780 and 1.720, and is currently supporting at 1.909.
PANASONIC (MAT1.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.720 and 1.540, and is currently supporting at 2.041.
PANASONIC (MAT1.SG) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PANASONIC (MAT1.SG) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 5.75, 5.85, 6.06, 6.23, 6.41, 6.97,.
Stock Support levels : 4.99, 4.38, 3.76, 2.04, 1.91, 1.78, 0.37,.