Today we will analyze the stock FERRAUS FPO (FRS.AX) for internet stock trading in the AX stock market,
Stock Technical indicators to notice in FERRAUS FPO (FRS.AX)
1- Last bearish trend was from 0.75 $ (9/28/2011) to 0.67 $ (10/4/2011) a 0.08 $ move 2- The current bullish trend started from 0.67 $ at 10/4/2011 and is currently trading at 0.82 $.
3- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
4- Bearish Divergance in MACD Indicator .
FERRAUS FPO (FRS.AX) Short term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 0.750 and 0.940 that was broken up at 0.690 transforming into a supporting line.
FERRAUS FPO (FRS.AX) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.750 and 0.940 that was broken up at 0.690 transforming into a supporting line.
FERRAUS FPO (FRS.AX) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.940 and 1.000, and is currently resisting at 0.836.

Stock Trading Conclusion:
FERRAUS FPO (FRS.AX) 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 : 0.836.
Stock Support levels : 0.785, 0.763, 0.745, 0.727, 0.670, 0.489,.