Today we will analyze the stock FORMULAFIRST (FFI.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in FORMULAFIRST (FFI.SW)
1- Last bearish trend was from 18.70 $ (3/19/2012) to 17.10 $ (4/5/2012) a 1.60 $ move 2- The current bullish trend started from 17.10 $ at 4/5/2012 and is currently trading at 18.70 $.
3- FFI.SW current support level is at 18.70 which is the 100.00 % fibonacci retracement of the last 1.60 $ move.
4- FFI.SW current resistance level is at 19.14 which is the 127.20 % fibonacci retracement of the last 1.60 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
FORMULAFIRST (FFI.SW) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 17.100 and 16.400, and is currently supporting at 17.275.
FORMULAFIRST (FFI.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 17.100 and 15.800,resistance between 18.700 and 17.100, the stock channel is currently supported from below by 17.368 and resisted from above by 19.222.
FORMULAFIRST (FFI.SW) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 15.200 and 15.000, and is currently supporting at 15.329.

Stock Trading Conclusion:
FORMULAFIRST (FFI.SW) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 19.14, 19.69.
Stock Support levels : 18.32, 18.09, 17.90, 17.71, 17.48, 17.28, 17.10,.