Today we will analyze the stock NOVARTIS AG-ADR (NVS.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in NOVARTIS AG-ADR (NVS.BA)
1- Last bearish trend was from 157.00 $ (4/20/2012) to 145.60 $ (5/2/2012) a 11.40 $ move 2- The current bullish trend started from 145.60 $ at 5/2/2012 and is currently trading at 149.50 $.
3- NVS.BA current support level is at 148.29 which is the 23.60 % fibonacci retracement of the last 11.40 $ move.
4- NVS.BA current resistance level is at 149.95 which is the 38.20 % fibonacci retracement of the last 11.40 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
NOVARTIS AG-ADR (NVS.BA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 145.600 and 121.400, and is currently supporting at 148.020.
NOVARTIS AG-ADR (NVS.BA) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 119.750 and 112.300, and is currently supporting at 123.775.
NOVARTIS AG-ADR (NVS.BA) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 119.750 and 90.650, and is currently supporting at 130.605.

Stock Trading Conclusion:
NOVARTIS AG-ADR (NVS.BA) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 149.95, 151.30, 152.65, 157.00, 160.10, 164.05.
Stock Support levels : 148.58, 148.29, 148.02, 148.01, 147.55, 147.09, 145.60, 130.60,.