Today we will analyze the stock METIS CAPITAL (EIC.DU) for internet stock trading in the DU stock market,
Stock Technical indicators to notice in METIS CAPITAL (EIC.DU)
1- Last bearish trend was from 0.06 $ (7/6/2012) to 0.01 $ (7/16/2012) a 0.05 $ move 2- The current bullish trend started from 0.01 $ at 7/16/2012 and is currently trading at 0.05 $.
3- EIC.DU current support level is at 0.04 which is the 61.80 % fibonacci retracement of the last 0.05 $ move.
4- EIC.DU current resistance level is at 0.06 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
METIS CAPITAL (EIC.DU) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.020,resistance between 0.060 and 0.080 which was broken up at 0.050.
METIS CAPITAL (EIC.DU) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.020,resistance between 0.060 and 0.080 which was broken up at 0.050.
METIS CAPITAL (EIC.DU) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.020,resistance between 0.060 and 0.080 which was broken up at 0.050.

Stock Trading Conclusion:
METIS CAPITAL (EIC.DU) was trading in a strong 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 : 0.060, 0.074, 0.091.
Stock Support levels : 0.041, 0.041, 0.035, 0.035, 0.030, 0.029, 0.025, 0.022, 0.010, 0.010, -0.134,.