Today we will analyze the stock SOENDAGSAVISEN (SOEN.CO) for internet stock trading in the CO stock market,
Stock Technical indicators to notice in SOENDAGSAVISEN (SOEN.CO)
1- Last bullish trend was from 41.50 $ (4/12/2010) to 44.00 $ (4/13/2010) a 2.50 $ move 2- The current bearish trend started from 44.00 $ at 4/13/2010 and is currently trading at 39.20 $.
3- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SOENDAGSAVISEN (SOEN.CO) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 6.400 $ height triangle which was broken down at 41.000 in higher than usual volume, target of the pattern is 34.600.
SOENDAGSAVISEN (SOEN.CO) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 6.400 $ height triangle which was broken down at 41.000 in higher than usual volume, target of the pattern is 34.600.
SOENDAGSAVISEN (SOEN.CO) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 33.000 and 23.500 that was broken down at 41.000 transforming into a resistance line.

Stock Trading Conclusion:
SOENDAGSAVISEN (SOEN.CO) 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 : 40.33, 41.03, 41.60, 41.96, 42.17, 43.53, 44.00.
Stock Support levels : 34.60,.