Today we will analyze the stock TAM SP ADR PFD (T3H1.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in TAM SP ADR PFD (T3H1.SG)
1- Last bullish trend was from 16.98 $ (3/6/2012) to 18.97 $ (3/27/2012) a 1.99 $ move 2- The current bearish trend started from 18.97 $ at 3/27/2012 and is currently trading at 18.58 $.
3- T3H1.SG current support level is at 18.50 which is the 23.60 % fibonacci retracement of the last 1.99 $ move.
4- T3H1.SG current resistance level is at 18.97 which is the 0.00 % fibonacci retracement of the last 1.99 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
TAM SP ADR PFD (T3H1.SG) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 16.980 and 14.770 that was broken down at 18.330 transforming into a resistance line.
TAM SP ADR PFD (T3H1.SG) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 16.980 and 13.100,resistance between 18.430 and 15.140 which was broken down at 18.330.
TAM SP ADR PFD (T3H1.SG) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 4.980 $ height triangle which was broken up at 14.930, target of the pattern is 19.910 which was broken down at 18.830, target of the pattern is 13.850.

Stock Trading Conclusion:
TAM SP ADR PFD (T3H1.SG) was trading in a bullish wave, which is becoming weaker .
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 : 18.67, 18.73, 18.77, 18.82, 18.95, 18.97, 19.22, 19.91, 20.46.
Stock Support levels : 18.50, 18.21, 17.97, 17.74, 16.98, 16.44, 15.75, 14.00,.