Today we will analyze the stock QANTAS AIRWAYS (QAN.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in QANTAS AIRWAYS (QAN.SG)
1- Last bullish trend was from 1.26 $ (4/11/2012) to 1.30 $ (4/17/2012) a 0.04 $ move 2- The current bearish trend started from 1.30 $ at 4/17/2012 and is currently trading at 1.19 $.
3- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
QANTAS AIRWAYS (QAN.SG) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 1.260 and 1.340,resistance between 1.300 and 1.390, the stock channel is currently supported from below by 1.136 and resisted from above by 1.194.
QANTAS AIRWAYS (QAN.SG) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bullish stock channel identifed by support at 1.230 and 1.100,resistance between 1.410 and 1.310 which was broken down at 1.330.
QANTAS AIRWAYS (QAN.SG) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.100 and 1.040 that was broken down at 1.370 transforming into a resistance line.

Stock Trading Conclusion:
QANTAS AIRWAYS (QAN.SG) was trading in a bearish 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 : 1.22, 1.23, 1.25, 1.26, 1.30, 1.42, 1.46.
Stock Support levels :.