Today we will analyze the stock PIAGGIO and C (P1I.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in PIAGGIO and C (P1I.SG)
1- Last bearish trend was from 2.07 $ (8/18/2010) to 1.96 $ (8/24/2010) a 0.11 $ move 2- The current bullish trend started from 1.96 $ at 8/24/2010 and is currently trading at 2.12 $.
3- P1I.SG current support level is at 2.10 which is the 127.20 % fibonacci retracement of the last 0.11 $ move.
4- P1I.SG current resistance level is at 2.14 which is the 161.80 % fibonacci retracement of the last 0.11 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PIAGGIO and C (P1I.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.070 and 2.200 that was broken up at 2.040 transforming into a supporting line.
PIAGGIO and C (P1I.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.960 and 1.850, and is currently supporting at 1.988.
PIAGGIO and C (P1I.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.200 and 2.450 that was broken up at 2.120 transforming into a supporting line.

Stock Trading Conclusion:
PIAGGIO and C (P1I.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 : 2.14.
Stock Support levels : 2.10, 2.08, 2.08, 2.07, 2.06, 2.04, 2.03, 2.02, 2.01, 2.00, 1.99, 1.99, 1.96, 1.96,.