Today we will analyze the stock NORTHERN PETROLEUM (NU6A.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in NORTHERN PETROLEUM (NU6A.SG)
1- Last bearish trend was from 0.98 $ (1/13/2012) to 0.82 $ (1/27/2012) a 0.16 $ move 2- The current bullish trend started from 0.82 $ at 1/27/2012 and is currently trading at 0.87 $.
3- NU6A.SG current support level is at 0.86 which is the 23.60 % fibonacci retracement of the last 0.16 $ move.
4- NU6A.SG current resistance level is at 0.88 which is the 38.20 % fibonacci retracement of the last 0.16 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
NORTHERN PETROLEUM (NU6A.SG) Short term stock chart patterns for internet stock trading :

None.
NORTHERN PETROLEUM (NU6A.SG) Mid term stock chart patterns for internet stock trading :

None.
NORTHERN PETROLEUM (NU6A.SG) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.830 and 0.790, and is currently supporting at 0.864.

Stock Trading Conclusion:
NORTHERN PETROLEUM (NU6A.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 : 0.881, 0.900, 0.919, 0.980, 1.024, 1.079.
Stock Support levels : 0.864, 0.858, 0.858, 0.851, 0.845, 0.839, 0.820,.