Today we will analyze the stock NORTEL NETWORKS (NNTA.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in NORTEL NETWORKS (NNTA.SG)
1- Last bullish trend was from 0.01 $ (1/18/2012) to 0.02 $ (1/19/2012) a 0.01 $ move 2- The current bearish trend started from 0.02 $ at 1/19/2012 and is currently trading at 0.01 $.
3- NNTA.SG current support level is at 0.01 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- NNTA.SG current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
NORTEL NETWORKS (NNTA.SG) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.

NORTEL NETWORKS (NNTA.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.

NORTEL NETWORKS (NNTA.SG) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.


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

Stock Resistance Levels : 0.012, 0.014, 0.015, 0.016, 0.018, 0.020,.
Stock Support levels : 0.007,.