Today we will analyze the stock GPO SOARES DA COSTA (SCS.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in GPO SOARES DA COSTA (SCS.SG)
1- Last bearish trend was from 0.41 $ (2/28/2014) to 0.38 $ (3/4/2014) a 0.03 $ move 2- The current bullish trend started from 0.38 $ at 3/4/2014 and is currently trading at 0.40 $.
3- SCS.SG current support level is at 0.40 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
4- SCS.SG current resistance level is at 0.41 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
GPO SOARES DA COSTA (SCS.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.380 .
7- The Stock formed a 0.120 $ height triangle which was broken up at 0.390, target of the pattern is 0.510.
GPO SOARES DA COSTA (SCS.SG) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.380 .
9- The Stock formed a 0.120 $ height triangle which was broken up at 0.390, target of the pattern is 0.510.
GPO SOARES DA COSTA (SCS.SG) Long term stock chart patterns for internet stock trading :

10- The Stock formed a 0.290 $ height triangle which was broken down at 0.460, target of the pattern is 0.170.

Stock Trading Conclusion:
GPO SOARES DA COSTA (SCS.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 : 0.410, 0.418, 0.429, 0.510, 0.566.
Stock Support levels : 0.399, 0.395, 0.395, 0.392, 0.391, 0.390, 0.388, 0.387, 0.380, 0.368,.