Today we will analyze the stock ALTIN N (ALTN.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in ALTIN N (ALTN.SW)
1- Last bullish trend was from 45.65 $ (1/17/2012) to 48.00 $ (1/27/2012) a 2.35 $ move 2- The current bearish trend started from 48.00 $ at 1/27/2012 and is currently trading at 46.80 $.
3- ALTN.SW current support level is at 46.55 which is the 61.80 % fibonacci retracement of the last 2.35 $ move.
4- ALTN.SW current resistance level is at 46.83 which is the 50.00 % fibonacci retracement of the last 2.35 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
ALTIN N (ALTN.SW) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 5.500 $ height triangle which was broken down at 46.000 in higher than usual volume, target of the pattern is 40.500.
ALTIN N (ALTN.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 49.500 and 54.000, and is currently resisting at 48.310.
ALTIN N (ALTN.SW) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 54.000 and 59.250 that was broken up at 46.400 transforming into a supporting line.

Stock Trading Conclusion:
ALTIN N (ALTN.SW) was trading in a strong bullish 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 : 46.83, 46.99, 47.08, 47.10, 47.26, 47.40, 47.45, 47.54, 48.00, 48.31.
Stock Support levels : 46.55, 45.75, 45.65, 45.01, 44.20,.