Today we will analyze the stock SCHINDLER HLDG PS (SHRQ.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SCHINDLER HLDG PS (SHRQ.SG)
1- Last bearish trend was from 110.36 $ (1/29/2014) to 103.74 $ (2/4/2014) a 6.62 $ move 2- The current bullish trend started from 103.74 $ at 2/4/2014 and is currently trading at 105.80 $.
3- SHRQ.SG current support level is at 105.30 which is the 23.60 % fibonacci retracement of the last 6.62 $ move.
4- SHRQ.SG current resistance level is at 106.27 which is the 38.20 % fibonacci retracement of the last 6.62 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
SCHINDLER HLDG PS (SHRQ.SG) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 103.740 and 100.580,resistance between 110.360 and 105.500, the stock channel is currently supported from below by 105.389 and resisted from above by 112.666.
SCHINDLER HLDG PS (SHRQ.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 99.130 and 103.750,resistance between 112.410 and 117.020 which was broken up at 106.740.
SCHINDLER HLDG PS (SHRQ.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 117.020 and 119.750, and is currently resisting at 113.567.

Stock Trading Conclusion:
SCHINDLER HLDG PS (SHRQ.SG) was trading in a bullish wave, which is becoming stronger .
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 : 106.27, 107.05, 107.83, 110.36, 112.16, 113.57, 114.45.
Stock Support levels : 105.31, 105.30, 105.01, 104.77, 104.53, 103.74,.