Today we will analyze the stock STANDARD BANK GRP (SKC2.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in STANDARD BANK GRP (SKC2.SG)
1- Last bearish trend was from 5.87 $ (2/26/2014) to 5.62 $ (3/4/2014) a 0.25 $ move 2- The current bullish trend started from 5.62 $ at 3/4/2014 and is currently trading at 5.82 $.
3- SKC2.SG current support level is at 5.77 which is the 61.80 % fibonacci retracement of the last 0.25 $ move.
4- SKC2.SG current resistance level is at 5.87 which is the 100.00 % fibonacci retracement of the last 0.25 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
STANDARD BANK GRP (SKC2.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 5.620 and 5.390, and is currently supporting at 5.735.
STANDARD BANK GRP (SKC2.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 8.890 and 9.410, and is currently resisting at 8.360.
STANDARD BANK GRP (SKC2.SG) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
STANDARD BANK GRP (SKC2.SG) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 5.87, 5.94, 6.02, 8.36.
Stock Support levels : 5.77, 5.77, 5.74, 5.74, 5.73, 5.72, 5.72, 5.70, 5.68, 5.62,.