Today we will analyze the stock MACQUARIE BANK (MQQ1.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in MACQUARIE BANK (MQQ1.SG)
1- Last bullish trend was from 48.00 $ (10/24/2007) to 54.51 $ (11/1/2007) a 6.51 $ move 2- The current bearish trend started from 54.51 $ at 11/1/2007 and is currently trading at 51.83 $.
3- MQQ1.SG current support level is at 51.25 which is the 50.00 % fibonacci retracement of the last 6.51 $ move.
4- MQQ1.SG current resistance level is at 52.02 which is the 38.20 % fibonacci retracement of the last 6.51 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
MACQUARIE BANK (MQQ1.SG) Short term stock chart patterns for internet stock trading :

None.
MACQUARIE BANK (MQQ1.SG) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 48.000 and 41.400, and is currently supporting at 49.444.
MACQUARIE BANK (MQQ1.SG) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 48.000 and 41.400, and is currently supporting at 49.444.

Stock Trading Conclusion:
MACQUARIE BANK (MQQ1.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 : 52.02, 52.46, 52.85, 52.97, 53.17, 53.49, 54.51,.
Stock Support levels : 51.25, 50.49, 49.44, 48.00, 46.23,.