Today we will analyze the stock SAFILO GROUP (S5U.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SAFILO GROUP (S5U.SG)
1- Last bullish trend was from 0.41 $ (4/28/2010) to 0.45 $ (5/3/2010) a 0.04 $ move 2- The current bearish trend started from 0.45 $ at 5/3/2010 and is currently trading at 0.37 $.
3- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SAFILO GROUP (S5U.SG) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.060 $ height triangle which was broken down at 0.420, target of the pattern is 0.360.
SAFILO GROUP (S5U.SG) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.060 $ height triangle which was broken down at 0.420, target of the pattern is 0.360.
SAFILO GROUP (S5U.SG) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 0.060 $ height triangle which was broken down at 0.420, target of the pattern is 0.360.

Stock Trading Conclusion:
SAFILO GROUP (S5U.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 : 0.389, 0.401, 0.410, 0.419, 0.450, 0.450.
Stock Support levels : 0.360,.