Today we will analyze the stock SANYO ELECTRIC (SAE1.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SANYO ELECTRIC (SAE1.SG)
1- Last bearish trend was from 1.12 $ (2/28/2011) to 0.84 $ (3/15/2011) a 0.28 $ move 2- The current bullish trend started from 0.84 $ at 3/15/2011 and is currently trading at 0.97 $.
3- SAE1.SG current support level is at 0.95 which is the 38.20 % fibonacci retracement of the last 0.28 $ move.
4- SAE1.SG current resistance level is at 0.98 which is the 50.00 % fibonacci retracement of the last 0.28 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SANYO ELECTRIC (SAE1.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.120 and 1.140, and is currently resisting at 1.020.
SANYO ELECTRIC (SAE1.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.250 and 1.270, and is currently resisting at 1.198.
SANYO ELECTRIC (SAE1.SG) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 1.270 .

Stock Trading Conclusion:
SANYO ELECTRIC (SAE1.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 : 0.980, 1.013, 1.020, 1.120, 1.196, 1.198, 1.270, 1.293.
Stock Support levels : 0.947, 0.939, 0.920, 0.906, 0.905, 0.890, 0.840,.