Today we will analyze the stock SCOTTISH POWER (SCP2.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SCOTTISH POWER (SCP2.SG)
1- Last bullish trend was from 11.01 $ (3/5/2007) to 11.96 $ (4/4/2007) a 0.95 $ move 2- The current bearish trend started from 11.96 $ at 4/4/2007 and is currently trading at 11.59 $.
3- SCP2.SG current support level is at 11.49 which is the 50.00 % fibonacci retracement of the last 0.95 $ move.
4- SCP2.SG current resistance level is at 11.60 which is the 38.20 % fibonacci retracement of the last 0.95 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SCOTTISH POWER (SCP2.SG) Short term stock chart patterns for internet stock trading :

None.
SCOTTISH POWER (SCP2.SG) Mid term stock chart patterns for internet stock trading :

None.
SCOTTISH POWER (SCP2.SG) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
SCOTTISH POWER (SCP2.SG) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 11.60, 11.68, 11.73, 11.74, 11.77, 11.82, 11.96,.
Stock Support levels : 11.49, 11.37, 11.01, 10.75,.