Today we will analyze the stock EXIQON (EXQ.CO) for internet stock trading in the CO stock market,
Stock Technical indicators to notice in EXIQON (EXQ.CO)
1- Last bullish trend was from 13.10 $ (4/16/2012) to 13.50 $ (4/18/2012) a 0.40 $ move 2- The current bearish trend started from 13.50 $ at 4/18/2012 and is currently trading at 12.20 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
EXIQON (EXQ.CO) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 1.300 $ height triangle which was broken down at 13.000 in higher than usual volume, target of the pattern is 11.700.
EXIQON (EXQ.CO) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 10.700 and 8.300 that was broken down at 13.200 transforming into a resistance line.
EXIQON (EXQ.CO) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 10.700 and 8.300 that was broken down at 13.200 transforming into a resistance line.

Stock Trading Conclusion:
EXIQON (EXQ.CO) was trading in a bearish wave, which is becoming stronger .
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 : 12.51, 12.70, 12.85, 13.00, 13.50, 13.66, 14.17,.
Stock Support levels : 11.70.