Today we will analyze the stock WILEX (WL6.DU) for internet stock trading in the DU stock market,
Stock Technical indicators to notice in WILEX (WL6.DU)
1- Last bullish trend was from 3.75 $ (4/20/2012) to 4.00 $ (4/23/2012) a 0.25 $ move 2- The current bearish trend started from 4.00 $ at 4/23/2012 and is currently trading at 3.68 $.
3- WL6.DU current support level is at 3.60 which is the 161.80 % fibonacci retracement of the last 0.25 $ move.
4- WL6.DU current resistance level is at 3.68 which is the 127.20 % fibonacci retracement of the last 0.25 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
WILEX (WL6.DU) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 4.000 .
WILEX (WL6.DU) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.930 $ height triangle which was broken down at 3.790, target of the pattern is 2.860.
WILEX (WL6.DU) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 3.320 and 3.210, and is currently supporting at 3.433.

Stock Trading Conclusion:
WILEX (WL6.DU) was trading in a bearish 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 : 3.68, 3.75, 3.76, 3.80, 3.84, 3.85, 3.88, 3.88, 3.90, 3.91, 3.94, 4.00, 4.00.
Stock Support levels : 3.60, 3.43,.