Today we will analyze the stock SAPPI SP.ADR (SPIA.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SAPPI SP.ADR (SPIA.SG)
1- Last bullish trend was from 1.74 $ (9/5/2013) to 1.96 $ (9/18/2013) a 0.22 $ move 2- The current bearish trend started from 1.96 $ at 9/18/2013 and is currently trading at 1.85 $.
3- SPIA.SG current support level is at 1.82 which is the 61.80 % fibonacci retracement of the last 0.22 $ move.
4- SPIA.SG current resistance level is at 1.85 which is the 50.00 % fibonacci retracement of the last 0.22 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SAPPI SP.ADR (SPIA.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.740 and 1.700, and is currently supporting at 1.808.
SAPPI SP.ADR (SPIA.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.960 and 2.030, and is currently resisting at 1.944.
SAPPI SP.ADR (SPIA.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.030 and 2.240, and is currently resisting at 1.887.

Stock Trading Conclusion:
SAPPI SP.ADR (SPIA.SG) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 1.88, 1.89, 1.89, 1.91, 1.91, 1.92, 1.94, 1.96,.
Stock Support levels : 1.82, 1.81, 1.74, 1.68,.