Today we will analyze the stock UTS ENERGY (UH3.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in UTS ENERGY (UH3.SG)
1- Last bullish trend was from 2.56 $ (8/10/2010) to 2.70 $ (9/10/2010) a 0.14 $ move 2- The current bearish trend started from 2.70 $ at 9/10/2010 and is currently trading at 2.55 $.
3- UH3.SG current support level is at 2.52 which is the 127.20 % fibonacci retracement of the last 0.14 $ move.
4- UH3.SG current resistance level is at 2.56 which is the 100.00 % fibonacci retracement of the last 0.14 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
UTS ENERGY (UH3.SG) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 2.560 and 2.590,resistance between 2.700 and 2.760, the stock channel is currently supported from below by 2.488 and resisted from above by 2.669.
UTS ENERGY (UH3.SG) Mid term stock chart patterns for internet stock trading :

None.
UTS ENERGY (UH3.SG) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
UTS ENERGY (UH3.SG) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 2.56, 2.59, 2.61, 2.61, 2.63, 2.63, 2.64, 2.65, 2.67, 2.70,.
Stock Support levels : 2.52,.