Today we will analyze the stock SABESP SP ADR (SAJA.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SABESP SP ADR (SAJA.SG)
1- Last bullish trend was from 6.54 $ (2/25/2014) to 6.84 $ (2/28/2014) a 0.30 $ move 2- The current bearish trend started from 6.84 $ at 2/28/2014 and is currently trading at 6.24 $.
3- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SABESP SP ADR (SAJA.SG) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.770 $ height triangle which was broken down at 6.720, target of the pattern is 5.950.
SABESP SP ADR (SAJA.SG) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 6.180 .
6- The Stock formed a 1.490 $ height triangle which was broken up at 6.720, target of the pattern is 8.210.
SABESP SP ADR (SAJA.SG) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 6.180 .
8- The Stock formed a 1.490 $ height triangle which was broken up at 6.720, target of the pattern is 8.210.

Stock Trading Conclusion:
SABESP SP ADR (SAJA.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 : 6.38, 6.47, 6.54, 6.61, 6.84, 7.62, 8.21,.
Stock Support levels : 6.17, 6.15, 6.01,.