Today we will analyze the stock SIA ABRASIVES HLD N (SIVN.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SIA ABRASIVES HLD N (SIVN.SG)
1- Last bearish trend was from 300.52 $ (10/27/2008) to 273.07 $ (12/16/2008) a 27.45 $ move 2- The current bullish trend started from 273.07 $ at 12/16/2008 and is currently trading at 295.98 $.
3- SIVN.SG current support level is at 290.03 which is the 61.80 % fibonacci retracement of the last 27.45 $ move.
4- SIVN.SG current resistance level is at 300.52 which is the 100.00 % fibonacci retracement of the last 27.45 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
SIA ABRASIVES HLD N (SIVN.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 273.070 and 235.900 that was broken down at 289.630 transforming into a resistance line.
SIA ABRASIVES HLD N (SIVN.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 273.070 and 216.580,resistance between 300.520 and 246.910 which was broken down at 288.680.
SIA ABRASIVES HLD N (SIVN.SG) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 216.580 .

Stock Trading Conclusion:
SIA ABRASIVES HLD N (SIVN.SG) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 300.52, 303.38, 307.99, 310.03, 317.48.
Stock Support levels : 290.57, 290.03, 287.23, 286.79, 284.52, 283.56, 281.82, 279.55, 273.07,.