Today we will analyze the stock PLAYFAIR MINING (P1J.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in PLAYFAIR MINING (P1J.SG)
1- Last bullish trend was from 0.03 $ (2/3/2012) to 0.06 $ (2/22/2012) a 0.03 $ move 2- The current bearish trend started from 0.06 $ at 2/22/2012 and is currently trading at 0.03 $.
3- P1J.SG current support level is at 0.02 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
4- P1J.SG current resistance level is at 0.03 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PLAYFAIR MINING (P1J.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.030 .
PLAYFAIR MINING (P1J.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.030 .
PLAYFAIR MINING (P1J.SG) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.030 .

Stock Trading Conclusion:
PLAYFAIR MINING (P1J.SG) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.037, 0.041, 0.045, 0.049, 0.053, 0.060,.
Stock Support levels : 0.022,.