Today we will analyze the stock OCTOPLUS (OCTO.AS) for internet stock trading in the AS stock market,
Stock Technical indicators to notice in OCTOPLUS (OCTO.AS)
1- Last bearish trend was from 0.56 $ (1/26/2012) to 0.48 $ (2/1/2012) a 0.08 $ move 2- The current bullish trend started from 0.48 $ at 2/1/2012 and is currently trading at 0.52 $.
3- OCTO.AS current support level is at 0.52 which is the 50.00 % fibonacci retracement of the last 0.08 $ move.
4- OCTO.AS current resistance level is at 0.53 which is the 61.80 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
OCTOPLUS (OCTO.AS) 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 0.600, and is currently resisting at 0.520.
OCTOPLUS (OCTO.AS) Mid term stock chart patterns for internet stock trading :

None.
OCTOPLUS (OCTO.AS) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
OCTOPLUS (OCTO.AS) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.529, 0.560, 0.582, 0.609.
Stock Support levels : 0.511, 0.505, 0.500, 0.499, 0.495, 0.480,.