Today we will analyze the stock EAST ASIATIC (EAC.CO) for internet stock trading in the CO stock market,
Stock Technical indicators to notice in EAST ASIATIC (EAC.CO)
1- Last bearish trend was from 158.00 $ (4/26/2012) to 150.00 $ (5/2/2012) a 8.00 $ move 2- The current bullish trend started from 150.00 $ at 5/2/2012 and is currently trading at 154.50 $.
3- EAC.CO current support level is at 154.00 which is the 50.00 % fibonacci retracement of the last 8.00 $ move.
4- EAC.CO current resistance level is at 154.94 which is the 61.80 % fibonacci retracement of the last 8.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
EAST ASIATIC (EAC.CO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 158.000 and 169.500, and is currently resisting at 155.788.
EAST ASIATIC (EAC.CO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 113.000 and 108.500, and is currently supporting at 122.938.
EAST ASIATIC (EAC.CO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 113.000 and 108.500, and is currently supporting at 122.938.

Stock Trading Conclusion:
EAST ASIATIC (EAC.CO) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 154.94, 155.79, 158.00, 160.18, 162.94.
Stock Support levels : 154.00, 153.44, 153.06, 152.78, 152.25, 151.89, 151.72, 150.00, 122.94,.