Today we will analyze the stock SONGA OFFSHORE (S2N.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SONGA OFFSHORE (S2N.SG)
1- Last bullish trend was from 1.53 $ (5/11/2009) to 1.65 $ (5/12/2009) a 0.12 $ move 2- The current bearish trend started from 1.65 $ at 5/12/2009 and is currently trading at 1.46 $.
3- S2N.SG current support level is at 1.46 which is the 161.80 % fibonacci retracement of the last 0.12 $ move.
4- S2N.SG current resistance level is at 1.50 which is the 127.20 % fibonacci retracement of the last 0.12 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
SONGA OFFSHORE (S2N.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.530 and 1.150 that was broken down at 1.580 transforming into a resistance line.
SONGA OFFSHORE (S2N.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.150 and 1.140, and is currently supporting at 1.167.
SONGA OFFSHORE (S2N.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.140 and 1.100, and is currently supporting at 1.231.

Stock Trading Conclusion:
SONGA OFFSHORE (S2N.SG) was trading in a bullish wave, which is becoming stronger .
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 : 1.50, 1.50, 1.53, 1.53, 1.56, 1.58, 1.58, 1.59, 1.60, 1.62, 1.65, 1.69.
Stock Support levels : 1.46, 1.23,.