Today we will analyze the stock SCHNIGGE WPHBK (SHB3.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SCHNIGGE WPHBK (SHB3.SG)
1- Last bullish trend was from 2.75 $ (2/26/2014) to 3.09 $ (3/5/2014) a 0.34 $ move 2- The current bearish trend started from 3.09 $ at 3/5/2014 and is currently trading at 2.91 $.
3- SHB3.SG current support level is at 2.88 which is the 61.80 % fibonacci retracement of the last 0.34 $ move.
4- SHB3.SG current resistance level is at 2.92 which is the 50.00 % fibonacci retracement of the last 0.34 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SCHNIGGE WPHBK (SHB3.SG) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 2.750 and 3.050,resistance between 3.090 and 3.330, the stock channel is currently supported from below by 2.483 and resisted from above by 3.000.
SCHNIGGE WPHBK (SHB3.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3.330 and 3.680 that was broken up at 3.090 transforming into a supporting line.
SCHNIGGE WPHBK (SHB3.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 3.330 and 3.680 that was broken up at 3.090 transforming into a supporting line.

Stock Trading Conclusion:
SCHNIGGE WPHBK (SHB3.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 : 2.92, 2.95, 2.96, 2.98, 3.00, 3.01, 3.02, 3.09,.
Stock Support levels : 2.88, 2.78, 2.75, 2.66,.