Today we will analyze the stock SPIR COMMUNICATIONS (SRK.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in SPIR COMMUNICATIONS (SRK.SG)
1- Last bearish trend was from 14.10 $ (2/10/2014) to 12.61 $ (3/5/2014) a 1.49 $ move 2- The current bullish trend started from 12.61 $ at 3/5/2014 and is currently trading at 13.35 $.
3- SRK.SG current support level is at 13.18 which is the 38.20 % fibonacci retracement of the last 1.49 $ move.
4- SRK.SG current resistance level is at 13.35 which is the 50.00 % fibonacci retracement of the last 1.49 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SPIR COMMUNICATIONS (SRK.SG) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 14.100 and 15.450 that was broken up at 13.000 transforming into a supporting line.
SPIR COMMUNICATIONS (SRK.SG) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 2.920 $ height triangle which was broken up at 13.000, target of the pattern is 15.920.
SPIR COMMUNICATIONS (SRK.SG) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 2.920 $ height triangle which was broken up at 13.000, target of the pattern is 15.920.

Stock Trading Conclusion:
SPIR COMMUNICATIONS (SRK.SG) was trading in a bullish 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 : 13.35, 13.53, 14.10, 14.51, 15.02, 15.92,.
Stock Support levels : 13.18, 13.18, 13.07, 12.98, 12.96, 12.89, 12.61, 12.48,.