Today we will analyze the stock SCICLONE PHARMACEUT (SPJ.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SCICLONE PHARMACEUT (SPJ.SG)
1- Last bullish trend was from 3.30 $ (3/3/2014) to 3.48 $ (3/6/2014) a 0.18 $ move 2- The current bearish trend started from 3.48 $ at 3/6/2014 and is currently trading at 3.30 $.
3- SPJ.SG current support level is at 3.25 which is the 127.20 % fibonacci retracement of the last 0.18 $ move.
4- SPJ.SG current resistance level is at 3.30 which is the 100.00 % fibonacci retracement of the last 0.18 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
SCICLONE PHARMACEUT (SPJ.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.490 $ height triangle which was broken down at 3.300, target of the pattern is 2.810.
SCICLONE PHARMACEUT (SPJ.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3.670 and 3.800, and is currently resisting at 3.481.
SCICLONE PHARMACEUT (SPJ.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 3.670 and 3.800, and is currently resisting at 3.481.

Stock Trading Conclusion:
SCICLONE PHARMACEUT (SPJ.SG) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 3.34, 3.34, 3.37, 3.39, 3.39, 3.41, 3.44, 3.48, 3.48,.
Stock Support levels : 3.25, 3.19,.