Today we will analyze the stock SCHUMAG (SCM.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SCHUMAG (SCM.SG)
1- Last bearish trend was from 1.25 $ (2/20/2014) to 0.89 $ (3/7/2014) a 0.36 $ move 2- The current bullish trend started from 0.89 $ at 3/7/2014 and is currently trading at 0.95 $.
3- SCM.SG current support level is at 0.89 which is the 0.00 % fibonacci retracement of the last 0.36 $ move.
4- SCM.SG current resistance level is at 0.97 which is the 23.60 % fibonacci retracement of the last 0.36 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
SCHUMAG (SCM.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.250 and 1.700 that was broken up at 1.060 transforming into a supporting line.
SCHUMAG (SCM.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 1.700 that was broken up at 1.060 transforming into a supporting line.
SCHUMAG (SCM.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.250 and 1.700 that was broken up at 1.060 transforming into a supporting line.

Stock Trading Conclusion:
SCHUMAG (SCM.SG) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.975, 1.028, 1.070, 1.112, 1.250, 1.348, 1.472.
Stock Support levels : 0.936, 0.927, 0.920, 0.913, 0.890, 0.744,.