Today we will analyze the stock SUN HUNG KAI and CO (SHK.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SUN HUNG KAI and CO (SHK.SG)
1- Last bullish trend was from 0.43 $ (2/26/2014) to 0.45 $ (2/28/2014) a 0.02 $ move 2- The current bearish trend started from 0.45 $ at 2/28/2014 and is currently trading at 0.43 $.
3- SHK.SG current support level is at 0.42 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- SHK.SG current resistance level is at 0.43 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SUN HUNG KAI and CO (SHK.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.070 $ height triangle which was broken down at 0.440, target of the pattern is 0.370.
SUN HUNG KAI and CO (SHK.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.390 and 0.370, and is currently supporting at 0.413.
SUN HUNG KAI and CO (SHK.SG) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.370 .
9- The Stock formed Double Top Pattern at 0.410 that failed, and formed a support .

Stock Trading Conclusion:
SUN HUNG KAI and CO (SHK.SG) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.435, 0.438, 0.440, 0.442, 0.445, 0.450, 0.453.
Stock Support levels : 0.425, 0.418, 0.413, 0.410, 0.370,.