Today we will analyze the stock SUPERGEN (SG7.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SUPERGEN (SG7.SG)
1- Last bullish trend was from 4.86 $ (9/2/2013) to 6.59 $ (9/10/2013) a 1.73 $ move 2- The current bearish trend started from 6.59 $ at 9/10/2013 and is currently trading at 6.13 $.
3- SG7.SG current support level is at 5.93 which is the 38.20 % fibonacci retracement of the last 1.73 $ move.
4- SG7.SG current resistance level is at 6.18 which is the 23.60 % fibonacci retracement of the last 1.73 $ 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.
SUPERGEN (SG7.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 4.860 and 4.020 that was broken down at 6.400 transforming into a resistance line.
SUPERGEN (SG7.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 4.020 and 3.660, and is currently supporting at 4.906.
SUPERGEN (SG7.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 4.020 and 3.660, and is currently supporting at 4.906.

Stock Trading Conclusion:
SUPERGEN (SG7.SG) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 6.18, 6.24, 6.31, 6.36, 6.41, 6.59, 12.98.
Stock Support levels : 5.93, 5.73, 5.52, 4.91, 4.86, 4.39,.