Today we will analyze the stock TAIFOOK SEC GRP (TFZ.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in TAIFOOK SEC GRP (TFZ.BE)
1- Last bearish trend was from 0.63 $ (11/12/2010) to 0.55 $ (11/18/2010) a 0.08 $ move 2- The current bullish trend started from 0.55 $ at 11/18/2010 and is currently trading at 0.57 $.
3- TFZ.BE current support level is at 0.57 which is the 23.60 % fibonacci retracement of the last 0.08 $ move.
4- TFZ.BE current resistance level is at 0.58 which is the 38.20 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
TAIFOOK SEC GRP (TFZ.BE) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.550 and 0.520, and is currently supporting at 0.557.
TAIFOOK SEC GRP (TFZ.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.520 and 0.450 that was broken down at 0.570 transforming into a resistance line.
TAIFOOK SEC GRP (TFZ.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 0.520 and 0.450 that was broken down at 0.570 transforming into a resistance line.

Stock Trading Conclusion:
TAIFOOK SEC GRP (TFZ.BE) 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 : 0.576, 0.581, 0.590, 0.599, 0.600, 0.630, 0.652, 0.679.
Stock Support levels : 0.569, 0.565, 0.562, 0.560, 0.558, 0.557, 0.550,.