Today we will analyze the stock STRAT MINS FPO (SMC.AX) for internet stock trading in the AX stock market,
Stock Technical indicators to notice in STRAT MINS FPO (SMC.AX)
1- Last bearish trend was from 0.04 $ (12/2/2011) to 0.02 $ (2/14/2012) a 0.02 $ move 2- The current bullish trend started from 0.02 $ at 2/14/2012 and is currently trading at 0.03 $.
3- SMC.AX current support level is at 0.03 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
4- SMC.AX current resistance level is at 0.03 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
STRAT MINS FPO (SMC.AX) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.040 .
STRAT MINS FPO (SMC.AX) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.040 .
STRAT MINS FPO (SMC.AX) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.040 .

Stock Trading Conclusion:
STRAT MINS FPO (SMC.AX) was trading in a bullish 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 : 0.032, 0.040, 0.045, 0.052.
Stock Support levels : 0.028, 0.026, 0.025, 0.025, 0.024, 0.020,.