Today we will analyze the stock KOENIG and BAUER (SKB.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in KOENIG and BAUER (SKB.SG)
1- Last bearish trend was from 12.39 $ (2/11/2014) to 11.15 $ (3/6/2014) a 1.24 $ move 2- The current bullish trend started from 11.15 $ at 3/6/2014 and is currently trading at 11.31 $.
3- SKB.SG current support level is at 11.15 which is the 0.00 % fibonacci retracement of the last 1.24 $ move.
4- SKB.SG current resistance level is at 11.44 which is the 23.60 % fibonacci retracement of the last 1.24 $ move.
5- According to ADX Indicator, the trend is currently 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.
KOENIG and BAUER (SKB.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 12.390 and 12.470, and is currently resisting at 12.137.
KOENIG and BAUER (SKB.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 13.030 and 13.700, and is currently resisting at 11.851.
KOENIG and BAUER (SKB.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 13.030 and 13.700, and is currently resisting at 11.851.

Stock Trading Conclusion:
KOENIG and BAUER (SKB.SG) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 11.44, 11.62, 11.77, 11.85, 11.92, 12.14, 12.39, 12.73, 13.16.
Stock Support levels : 11.27, 11.25, 11.23, 11.21, 11.15,.