Today we will analyze the stock SOFTMATIC (SFO1.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SOFTMATIC (SFO1.SG)
1- Last bearish trend was from 0.81 $ (11/5/2009) to 0.60 $ (11/9/2009) a 0.21 $ move 2- The current bullish trend started from 0.60 $ at 11/9/2009 and is currently trading at 0.75 $.
3- SFO1.SG current support level is at 0.73 which is the 61.80 % fibonacci retracement of the last 0.21 $ move.
4- SFO1.SG current resistance level is at 0.81 which is the 100.00 % fibonacci retracement of the last 0.21 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SOFTMATIC (SFO1.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.810 and 0.820, and is currently resisting at 0.778.
SOFTMATIC (SFO1.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.810 and 0.820, and is currently resisting at 0.778.
SOFTMATIC (SFO1.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.810 and 0.820, and is currently resisting at 0.778.

Stock Trading Conclusion:
SOFTMATIC (SFO1.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 : 0.778, 0.810, 0.867, 0.940.
Stock Support levels : 0.730, 0.715, 0.705, 0.693, 0.680, 0.675, 0.657, 0.650, 0.600,.