Today we will analyze the stock OM MET INFRA (OMMEINFRA.BO) for internet stock trading in the BO stock market,
Stock Technical indicators to notice in OM MET INFRA (OMMEINFRA.BO)
1- Last bullish trend was from 24.55 $ (4/27/2012) to 26.00 $ (5/3/2012) a 1.45 $ move 2- The current bearish trend started from 26.00 $ at 5/3/2012 and is currently trading at 24.35 $.
3- OMMEINFRA.BO current support level is at 24.16 which is the 127.20 % fibonacci retracement of the last 1.45 $ move.
4- OMMEINFRA.BO current resistance level is at 24.55 which is the 100.00 % fibonacci retracement of the last 1.45 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
OM MET INFRA (OMMEINFRA.BO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 26.000 and 30.300, and is currently resisting at 25.785.
OM MET INFRA (OMMEINFRA.BO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 30.300 and 34.250, and is currently resisting at 28.173.
OM MET INFRA (OMMEINFRA.BO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 12.800 $ height triangle which was broken down at 24.350 in higher than usual volume, target of the pattern is 11.550.

Stock Trading Conclusion:
OM MET INFRA (OMMEINFRA.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 : 24.55, 24.74, 24.98, 25.10, 25.18, 25.27, 25.37, 25.45, 25.66, 25.78, 26.00, 26.04, 28.17.
Stock Support levels : 24.16, 23.65,.