Today we will analyze the stock DOMINION FPO (DOM.AX) for internet stock trading in the AX stock market,
Stock Technical indicators to notice in DOMINION FPO (DOM.AX)
1- Last bearish trend was from 3.27 $ (1/13/2011) to 2.79 $ (1/28/2011) a 0.48 $ move 2- The current bullish trend started from 2.79 $ at 1/28/2011 and is currently trading at 2.95 $.
3- DOM.AX current support level is at 2.90 which is the 23.60 % fibonacci retracement of the last 0.48 $ move.
4- DOM.AX current resistance level is at 2.97 which is the 38.20 % fibonacci retracement of the last 0.48 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
DOMINION FPO (DOM.AX) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3.270 and 3.330, and is currently resisting at 3.143.
DOMINION FPO (DOM.AX) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 3.330 and 3.420, and is currently resisting at 3.267.
DOMINION FPO (DOM.AX) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 1.510 $ height triangle which was broken down at 3.320 in higher than usual volume, target of the pattern is 1.810.

Stock Trading Conclusion:
DOMINION FPO (DOM.AX) was trading in a bearish 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 : 2.97, 3.03, 3.09, 3.14, 3.27, 3.27, 3.40, 3.57, 3.68.
Stock Support levels : 2.91, 2.90, 2.89, 2.87, 2.85, 2.79,.