Today we will analyze the stock AUST CPT UNIT (ARN.AX) for internet stock trading in the AX stock market,
Stock Technical indicators to notice in AUST CPT UNIT (ARN.AX)
1- Last bearish trend was from 0.50 $ (4/6/2009) to 0.45 $ (4/20/2009) a 0.05 $ move 2- The current bullish trend started from 0.45 $ at 4/20/2009 and is currently trading at 0.48 $.
3- ARN.AX current support level is at 0.47 which is the 50.00 % fibonacci retracement of the last 0.05 $ move.
4- ARN.AX current resistance level is at 0.48 which is the 61.80 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
AUST CPT UNIT (ARN.AX) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.450 and 0.270 that was broken down at 0.480 transforming into a resistance line.
AUST CPT UNIT (ARN.AX) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.450 and 0.270 that was broken down at 0.480 transforming into a resistance line.
AUST CPT UNIT (ARN.AX) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 0.270 and 0.650,resistance between 0.500 and 0.950 which was broken up at 0.450.

Stock Trading Conclusion:
AUST CPT UNIT (ARN.AX) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.481, 0.498, 0.500, 0.514, 0.531.
Stock Support levels : 0.475, 0.473, 0.469, 0.469, 0.465, 0.462, 0.461, 0.450,.