Today we will analyze the stock SOUTHERN CO (SOT.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SOUTHERN CO (SOT.SG)
1- Last bearish trend was from 30.87 $ (11/15/2013) to 28.61 $ (12/12/2013) a 2.26 $ move 2- The current bullish trend started from 28.61 $ at 12/12/2013 and is currently trading at 30.14 $.
3- SOT.SG current support level is at 30.01 which is the 61.80 % fibonacci retracement of the last 2.26 $ move.
4- SOT.SG current resistance level is at 30.87 which is the 100.00 % fibonacci retracement of the last 2.26 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SOUTHERN CO (SOT.SG) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 28.610 $ and 30.870 $.

SOUTHERN CO (SOT.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 28.610 .
8- The Stock formed a 4.380 $ height triangle which was broken up at 29.800, target of the pattern is 34.180.
SOUTHERN CO (SOT.SG) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 5.360 $ height triangle which was broken up at 29.150, target of the pattern is 34.510 which was broken down at 30.450, target of the pattern is 25.090.

Stock Trading Conclusion:
SOUTHERN CO (SOT.SG) was trading in a bearish wave, which is becoming weaker .
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 : 30.87, 30.98, 31.00, 31.02, 31.04, 31.48, 32.27, 34.18, 34.51.
Stock Support levels : 30.01, 29.78, 29.74, 29.56, 29.47, 29.38, 29.19, 29.14, 28.88, 28.61, 28.55, 28.54, 28.52, 27.25,.