Today we will analyze the stock PARMALAT (P4I.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in PARMALAT (P4I.SG)
1- Last bearish trend was from 2.49 $ (9/23/2013) to 2.40 $ (3/4/2014) a 0.09 $ move 2- The current bullish trend started from 2.40 $ at 3/4/2014 and is currently trading at 2.50 $.
3- P4I.SG current support level is at 2.49 which is the 100.00 % fibonacci retracement of the last 0.09 $ move.
4- P4I.SG current resistance level is at 2.51 which is the 127.20 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PARMALAT (P4I.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 2.400 .
7- The Stock formed a 0.170 $ height triangle which was broken up at 2.450, target of the pattern is 2.620.
PARMALAT (P4I.SG) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.700 and 1.500, and is currently supporting at 2.239.
PARMALAT (P4I.SG) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 0.260 $ height triangle which was broken up at 1.540, target of the pattern is 1.800 which was broken down at 1.590, target of the pattern is 1.330.

Stock Trading Conclusion:
PARMALAT (P4I.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 : 2.51, 2.55, 2.62, 11.61.
Stock Support levels : 2.49, 2.48, 2.46, 2.46, 2.45, 2.45, 2.44, 2.43, 2.42, 2.40, 2.24, 2.23, 1.33,.