Today we will analyze the stock HITACHI ADR (HIAA.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in HITACHI ADR (HIAA.BE)
1- Last bullish trend was from 34.56 $ (3/29/2011) to 36.88 $ (3/30/2011) a 2.32 $ move 2- The current bearish trend started from 36.88 $ at 3/30/2011 and is currently trading at 33.12 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
HITACHI ADR (HIAA.BE) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 36.880 and 37.900, and is currently resisting at 35.248.
HITACHI ADR (HIAA.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 6.610 $ height triangle which was broken down at 34.500, target of the pattern is 27.890.
HITACHI ADR (HIAA.BE) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 14.820 $ height triangle.

Stock Trading Conclusion:
HITACHI ADR (HIAA.BE) was trading in a 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 : 34.01, 34.56, 35.00, 35.25, 35.44, 36.88, 37.50.
Stock Support levels : 27.89.