Today we will analyze the stock INNOMEDICA HLDG (1108236.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in INNOMEDICA HLDG (1108236.SW)
1- Last bearish trend was from 75.71 $ (9/15/2008) to 61.75 $ (3/25/2009) a 13.96 $ move 2- The current bullish trend started from 61.75 $ at 3/25/2009 and is currently trading at 76.50 $.
3- 1108236.SW current support level is at 75.71 which is the 100.00 % fibonacci retracement of the last 13.96 $ move.
4- 1108236.SW current resistance level is at 79.51 which is the 127.20 % fibonacci retracement of the last 13.96 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bearish Divergance in MACD Indicator .
INNOMEDICA HLDG (1108236.SW) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 75.710 and 76.740 that was broken up at 73.470 transforming into a supporting line.
INNOMEDICA HLDG (1108236.SW) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 75.710 and 76.740 that was broken up at 73.470 transforming into a supporting line.
INNOMEDICA HLDG (1108236.SW) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
INNOMEDICA HLDG (1108236.SW) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 79.51, 84.34.
Stock Support levels : 75.71, 73.02, 70.87, 70.38, 70.20, 69.13, 68.73, 67.38, 67.08, 65.04, 61.75,.