Today we will analyze the stock SKYGOLD VENTURES (S3Y.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SKYGOLD VENTURES (S3Y.SG)
1- Last bullish trend was from 0.05 $ (2/26/2014) to 0.07 $ (3/3/2014) a 0.02 $ move 2- The current bearish trend started from 0.07 $ at 3/3/2014 and is currently trading at 0.05 $.
3- S3Y.SG current support level is at 0.04 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- S3Y.SG current resistance level is at 0.05 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.
SKYGOLD VENTURES (S3Y.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.070 .
7- The Stock formed a 0.030 $ height triangle which was broken down at 0.060, target of the pattern is 0.030.
SKYGOLD VENTURES (S3Y.SG) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.070 .
9- The Stock formed a 0.030 $ height triangle which was broken down at 0.060, target of the pattern is 0.030.
SKYGOLD VENTURES (S3Y.SG) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.070 .
11- The Stock formed a 0.030 $ height triangle which was broken down at 0.060, target of the pattern is 0.030.

Stock Trading Conclusion:
SKYGOLD VENTURES (S3Y.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 : 0.055, 0.058, 0.060, 0.062, 0.065, 0.070, 0.073,.
Stock Support levels : 0.045, 0.038, 0.030, 0.030,.