Today we will analyze the stock SHANGRI-LA ASIA (SHN.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SHANGRI-LA ASIA (SHN.SG)
1- Last bullish trend was from 1.19 $ (1/30/2014) to 1.29 $ (2/11/2014) a 0.10 $ move 2- The current bearish trend started from 1.29 $ at 2/11/2014 and is currently trading at 1.16 $.
3- SHN.SG current support level is at 1.13 which is the 161.80 % fibonacci retracement of the last 0.10 $ move.
4- SHN.SG current resistance level is at 1.16 which is the 127.20 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
SHANGRI-LA ASIA (SHN.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.290 and 1.480, and is currently resisting at 1.216.
SHANGRI-LA ASIA (SHN.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.370 $ height triangle which was broken down at 1.200, target of the pattern is 0.830.
SHANGRI-LA ASIA (SHN.SG) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
SHANGRI-LA ASIA (SHN.SG) was trading in a strong bearish wave, which is becoming stronger .
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 : 1.16, 1.19, 1.19, 1.21, 1.21, 1.22, 1.22, 1.23, 1.24, 1.24, 1.25, 1.27, 1.29,.
Stock Support levels : 1.13,.