Today we will analyze the stock MAYR-MELNHOF KARTON (MYM.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in MAYR-MELNHOF KARTON (MYM.SG)
1- Last bearish trend was from 75.51 $ (4/2/2012) to 72.39 $ (4/10/2012) a 3.12 $ move 2- The current bullish trend started from 72.39 $ at 4/10/2012 and is currently trading at 77.81 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
MAYR-MELNHOF KARTON (MYM.SG) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 72.390 .
5- The Stock formed a 3.840 $ height triangle which was broken up at 74.880, target of the pattern is 78.720.
MAYR-MELNHOF KARTON (MYM.SG) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 67.790 and 69.240 that was broken up at 66.480 transforming into a supporting line.
MAYR-MELNHOF KARTON (MYM.SG) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 67.790 and 82.160 that was broken up at 64.880 transforming into a supporting line.

Stock Trading Conclusion:
MAYR-MELNHOF KARTON (MYM.SG) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 78.72.
Stock Support levels : 76.53, 75.74, 75.10, 74.46, 73.90, 72.50, 72.44, 72.39, 62.57,.