Today we will analyze the stock AZTRAZENECA PLC -ADR (AZN.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in AZTRAZENECA PLC -ADR (AZN.BA)
1- Last bullish trend was from 97.50 $ (11/18/2010) to 110.80 $ (6/14/2011) a 13.30 $ move 2- The current bearish trend started from 110.80 $ at 6/14/2011 and is currently trading at 105.05 $.
3- AZN.BA current support level is at 104.15 which is the 50.00 % fibonacci retracement of the last 13.30 $ move.
4- AZN.BA current resistance level is at 105.72 which is the 38.20 % fibonacci retracement of the last 13.30 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
AZTRAZENECA PLC -ADR (AZN.BA) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 97.500 and 84.750,resistance between 110.800 and 102.150 which was broken down at 103.850.
AZTRAZENECA PLC -ADR (AZN.BA) Mid term stock chart patterns for internet stock trading :

None.
AZTRAZENECA PLC -ADR (AZN.BA) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
AZTRAZENECA PLC -ADR (AZN.BA) 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 : 105.72, 106.41, 107.06, 107.25, 107.66, 107.93, 108.60, 110.80,.
Stock Support levels : 104.15, 102.58, 97.50, 93.88,.