Today we will analyze the stock SIXT (SIX2.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SIXT (SIX2.SG)
1- Last bearish trend was from 26.60 $ (2/28/2014) to 25.43 $ (3/3/2014) a 1.17 $ move 2- The current bullish trend started from 25.43 $ at 3/3/2014 and is currently trading at 26.65 $.
3- SIX2.SG current support level is at 26.60 which is the 100.00 % fibonacci retracement of the last 1.17 $ move.
4- SIX2.SG current resistance level is at 26.92 which is the 127.20 % fibonacci retracement of the last 1.17 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
SIXT (SIX2.SG) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 25.430 and 23.430,resistance between 26.600 and 24.210, the stock channel is currently supported from below by 25.956 and resisted from above by 27.317.
SIXT (SIX2.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 24.240 that failed, and formed a support .
8- The Stock formed a 2.610 $ height triangle which was broken up at 24.620, target of the pattern is 27.230.
SIXT (SIX2.SG) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 21.660 and 16.110, and is currently supporting at 24.367.

Stock Trading Conclusion:
SIXT (SIX2.SG) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 26.92, 27.23, 27.32.
Stock Support levels : 26.60, 26.36, 26.18, 26.15, 26.04, 26.01, 25.90, 25.88, 25.71, 25.43, 24.37, 24.22, 24.18,.