Today we will analyze the stock SEATTLE GENETICS (SGT.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SEATTLE GENETICS (SGT.SG)
1- Last bullish trend was from 37.63 $ (3/3/2014) to 38.99 $ (3/5/2014) a 1.36 $ move 2- The current bearish trend started from 38.99 $ at 3/5/2014 and is currently trading at 37.49 $.
3- SGT.SG current support level is at 37.26 which is the 127.20 % fibonacci retracement of the last 1.36 $ move.
4- SGT.SG current resistance level is at 37.63 which is the 100.00 % fibonacci retracement of the last 1.36 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
SEATTLE GENETICS (SGT.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 3.130 $ height triangle which was broken down at 36.700, target of the pattern is 33.570.
SEATTLE GENETICS (SGT.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 30.470 and 27.780, and is currently supporting at 32.039.
SEATTLE GENETICS (SGT.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 30.470 and 27.780, and is currently supporting at 32.039.

Stock Trading Conclusion:
SEATTLE GENETICS (SGT.SG) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 37.63, 37.84, 38.06, 38.12, 38.15, 38.24, 38.31, 38.42, 38.47, 38.67, 38.99,.
Stock Support levels : 37.26, 36.79, 33.57, 32.04,.