Today we will analyze the stock CONOCOPHILLIPS (COC.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in CONOCOPHILLIPS (COC.SW)
1- Last bullish trend was from 58.75 $ (12/30/2010) to 66.55 $ (1/12/2011) a 7.80 $ move 2- The current bearish trend started from 66.55 $ at 1/12/2011 and is currently trading at 64.50 $.
3- COC.SW current support level is at 63.57 which is the 38.20 % fibonacci retracement of the last 7.80 $ move.
4- COC.SW current resistance level is at 64.71 which is the 23.60 % fibonacci retracement of the last 7.80 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CONOCOPHILLIPS (COC.SW) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 58.750 and 57.050, and is currently supporting at 59.303.
CONOCOPHILLIPS (COC.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 58.750 and 48.900, and is currently supporting at 60.751.
CONOCOPHILLIPS (COC.SW) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 59.650 and 65.000 that was broken up at 56.000 transforming into a supporting line.

Stock Trading Conclusion:
CONOCOPHILLIPS (COC.SW) was trading in a bearish wave, which is becoming weaker .
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 : 64.71, 64.98, 65.28, 65.53, 65.77, 66.55,.
Stock Support levels : 63.57, 62.65, 61.73, 60.75, 59.30, 58.75, 56.63, 53.93,.