Today we will analyze the stock SPARTA (SPT6.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SPARTA (SPT6.SG)
1- Last bearish trend was from 70.75 $ (2/28/2014) to 67.50 $ (3/3/2014) a 3.25 $ move 2- The current bullish trend started from 67.50 $ at 3/3/2014 and is currently trading at 70.00 $.
3- SPT6.SG current support level is at 69.51 which is the 61.80 % fibonacci retracement of the last 3.25 $ move.
4- SPT6.SG current resistance level is at 70.75 which is the 100.00 % fibonacci retracement of the last 3.25 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
SPARTA (SPT6.SG) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 67.500 and 61.100,resistance between 70.750 and 64.800, the stock channel is currently supported from below by 68.227 and resisted from above by 71.464.
SPARTA (SPT6.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 6.050 $ height triangle which was broken up at 50.800, target of the pattern is 56.850.
SPARTA (SPT6.SG) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 47.900 and 41.210, and is currently supporting at 62.309.

Stock Trading Conclusion:
SPARTA (SPT6.SG) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : 70.75, 71.63, 72.76.
Stock Support levels : 69.51, 69.41, 69.13, 69.04, 68.75, 68.74, 68.46, 68.27, 67.50, 62.31,.