Today we will analyze the stock RIBER (RI7.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in RIBER (RI7.SG)
1- Last bearish trend was from 2.17 $ (2/18/2014) to 2.08 $ (3/4/2014) a 0.09 $ move 2- The current bullish trend started from 2.08 $ at 3/4/2014 and is currently trading at 2.13 $.
3- RI7.SG current support level is at 2.13 which is the 50.00 % fibonacci retracement of the last 0.09 $ move.
4- RI7.SG current resistance level is at 2.14 which is the 61.80 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
RIBER (RI7.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.160 $ height triangle which was broken up at 2.130, target of the pattern is 2.290.
RIBER (RI7.SG) Mid term stock chart patterns for internet stock trading :

None.
RIBER (RI7.SG) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 2.360 and 2.970, and is currently resisting at 2.234.

Stock Trading Conclusion:
RIBER (RI7.SG) was trading in a bearish wave, which is becoming weaker .
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, 2.17, 2.19, 2.23, 2.23, 2.29.
Stock Support levels : 2.13, 2.12, 2.11, 2.11, 2.11, 2.11, 2.10, 2.10, 2.08,.