Today we will analyze the stock NISSAN COPER (NISSAN.BO) for internet stock trading in the BO stock market,
Stock Technical indicators to notice in NISSAN COPER (NISSAN.BO)
1- Last bullish trend was from 40.75 $ (9/14/2010) to 43.15 $ (9/20/2010) a 2.40 $ move 2- The current bearish trend started from 43.15 $ at 9/20/2010 and is currently trading at 40.00 $.
3- NISSAN.BO current support level is at 39.27 which is the 161.80 % fibonacci retracement of the last 2.40 $ move.
4- NISSAN.BO current resistance level is at 40.10 which is the 127.20 % fibonacci retracement of the last 2.40 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
NISSAN COPER (NISSAN.BO) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 40.750 and 38.800,resistance between 43.150 and 42.100 which was broken down at 39.500 in higher than usual volume.
NISSAN COPER (NISSAN.BO) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 43.150 .
8- The Stock formed a 8.200 $ height triangle which was broken down at 39.500 in higher than usual volume, target of the pattern is 31.300.
NISSAN COPER (NISSAN.BO) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 38.800 and 35.000 that was broken down at 39.500 transforming into a resistance line.

Stock Trading Conclusion:
NISSAN COPER (NISSAN.BO) 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 : 40.10, 40.74, 40.75, 41.20, 41.58, 41.67, 41.95, 41.95, 42.23, 42.48, 42.58, 43.14, 43.15, 43.77,.
Stock Support levels : 39.27,.