Today we will analyze the stock IUSACELL (NUVB.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in IUSACELL (NUVB.SG)
1- Last bullish trend was from 2.96 $ (5/7/2010) to 3.21 $ (5/10/2010) a 0.25 $ move 2- The current bearish trend started from 3.21 $ at 5/10/2010 and is currently trading at 3.00 $.
3- NUVB.SG current support level is at 2.96 which is the 100.00 % fibonacci retracement of the last 0.25 $ move.
4- NUVB.SG current resistance level is at 3.06 which is the 61.80 % fibonacci retracement of the last 0.25 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
IUSACELL (NUVB.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.960 and 2.770 that was broken down at 3.120 transforming into a resistance line.
IUSACELL (NUVB.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.570 and 2.160 that was broken down at 3.120 transforming into a resistance line.
IUSACELL (NUVB.SG) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 2.570 and 2.160,resistance between 2.940 and 2.400 which was broken down at 3.120.

Stock Trading Conclusion:
IUSACELL (NUVB.SG) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 3.05, 3.06, 3.08, 3.09, 3.11, 3.11, 3.13, 3.15, 3.21, 3.48, 3.72,.
Stock Support levels : 2.96, 2.89,.