Today we will analyze the stock AFI DE SP GDR REG-S (SQY1.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in AFI DE SP GDR REG-S (SQY1.SG)
1- Last bearish trend was from 0.56 $ (2/6/2014) to 0.51 $ (3/4/2014) a 0.05 $ move 2- The current bullish trend started from 0.51 $ at 3/4/2014 and is currently trading at 0.53 $.
3- SQY1.SG current support level is at 0.53 which is the 38.20 % fibonacci retracement of the last 0.05 $ move.
4- SQY1.SG current resistance level is at 0.53 which is the 50.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
AFI DE SP GDR REG-S (SQY1.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.560 and 0.570, and is currently resisting at 0.543.
AFI DE SP GDR REG-S (SQY1.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.580 .
8- The Stock formed a 0.180 $ height triangle which was broken down at 0.510, target of the pattern is 0.330.
AFI DE SP GDR REG-S (SQY1.SG) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Top Pattern at 0.580 .
10- The Stock formed a 0.210 $ height triangle which was broken down at 0.510, target of the pattern is 0.300.

Stock Trading Conclusion:
AFI DE SP GDR REG-S (SQY1.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 : 0.535, 0.541, 0.543, 0.546, 0.546, 0.560, 0.574, 0.580, 0.591.
Stock Support levels : 0.529, 0.525, 0.522, 0.522, 0.520, 0.518, 0.510, 0.330,.