Today we will analyze the stock CHINA TECH DEV GROU (TYQ.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in CHINA TECH DEV GROU (TYQ.SG)
1- Last bearish trend was from 0.57 $ (4/26/2012) to 0.55 $ (5/2/2012) a 0.02 $ move 2- The current bullish trend started from 0.55 $ at 5/2/2012 and is currently trading at 0.64 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
CHINA TECH DEV GROU (TYQ.SG) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.050 $ height triangle which was broken up at 0.570, target of the pattern is 0.620.
CHINA TECH DEV GROU (TYQ.SG) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 0.540 and 0.440, and is currently supporting at 0.607.
CHINA TECH DEV GROU (TYQ.SG) Long term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.650 .
7- The Stock formed a 0.210 $ height triangle.

Stock Trading Conclusion:
CHINA TECH DEV GROU (TYQ.SG) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.650.
Stock Support levels : 0.619, 0.607, 0.606, 0.595, 0.584, 0.550,.