Today we will analyze the stock DANTAX (DANT.CO) for internet stock trading in the CO stock market,
Stock Technical indicators to notice in DANTAX (DANT.CO)
1- Last bearish trend was from 108.50 $ (12/19/2011) to 101.00 $ (12/29/2011) a 7.50 $ move 2- The current bullish trend started from 101.00 $ at 12/29/2011 and is currently trading at 106.00 $.
3- DANT.CO current support level is at 105.64 which is the 61.80 % fibonacci retracement of the last 7.50 $ move.
4- DANT.CO current resistance level is at 108.50 which is the 100.00 % fibonacci retracement of the last 7.50 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
6- Bullish Divergance in MACD Indicator .
DANTAX (DANT.CO) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 101.000 and 80.000 that was broken down at 104.000 transforming into a resistance line.
DANTAX (DANT.CO) Mid term stock chart patterns for internet stock trading :

None.
DANTAX (DANT.CO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 80.000 and 76.000, and is currently supporting at 82.710.

Stock Trading Conclusion:
DANTAX (DANT.CO) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 106.30, 108.50, 110.54, 113.14.
Stock Support levels : 105.64, 104.82, 104.75, 104.09, 103.86, 103.50, 102.91, 102.77, 101.00,.