Today we will analyze the stock SOFTBANK (SFT.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SOFTBANK (SFT.SG)
1- Last bearish trend was from 40.29 $ (2/26/2014) to 37.09 $ (3/3/2014) a 3.20 $ move 2- The current bullish trend started from 37.09 $ at 3/3/2014 and is currently trading at 39.66 $.
3- SFT.SG current support level is at 39.07 which is the 61.80 % fibonacci retracement of the last 3.20 $ move.
4- SFT.SG current resistance level is at 40.29 which is the 100.00 % fibonacci retracement of the last 3.20 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SOFTBANK (SFT.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 40.290 and 40.980, and is currently resisting at 39.738.
SOFTBANK (SFT.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 40.290 and 40.980, and is currently resisting at 39.738.
SOFTBANK (SFT.SG) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 24.110 $ height triangle which was broken up at 40.390, target of the pattern is 64.500.

Stock Trading Conclusion:
SOFTBANK (SFT.SG) was trading in a bullish 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 : 39.74, 40.29, 41.16, 42.27, 64.50.
Stock Support levels : 39.41, 39.07, 39.05, 38.69, 38.68, 38.38, 38.31, 38.07, 37.85, 37.09,.