Today we will analyze the stock SPUR VENTURES INC (Q9I.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SPUR VENTURES INC (Q9I.SG)
1- Last bullish trend was from 0.28 $ (3/26/2012) to 0.30 $ (4/5/2012) a 0.02 $ move 2- The current bearish trend started from 0.30 $ at 4/5/2012 and is currently trading at 0.28 $.
3- Q9I.SG current support level is at 0.27 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- Q9I.SG current resistance level is at 0.28 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SPUR VENTURES INC (Q9I.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.300 .
SPUR VENTURES INC (Q9I.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.120 $ height triangle which was broken down at 0.290, target of the pattern is 0.170.
SPUR VENTURES INC (Q9I.SG) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 0.190 and 0.170,resistance between 0.310 and 0.210 which was broken down at 0.290.

Stock Trading Conclusion:
SPUR VENTURES INC (Q9I.SG) was trading in a bullish wave, which is becoming weaker .
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 : 0.285, 0.288, 0.290, 0.290, 0.292, 0.295, 0.300, 0.323, 0.330.
Stock Support levels : 0.275, 0.268,.