Today we will analyze the stock FORTIS (FOR.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in FORTIS (FOR.SW)
1- Last bullish trend was from 1.54 $ (11/6/2008) to 1.68 $ (11/10/2008) a 0.14 $ move 2- The current bearish trend started from 1.68 $ at 11/10/2008 and is currently trading at 0.92 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
FORTIS (FOR.SW) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.540 $ height triangle which was broken down at 1.380 in higher than usual volume, target of the pattern is 0.840.
FORTIS (FOR.SW) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.540 $ height triangle which was broken down at 1.380 in higher than usual volume, target of the pattern is 0.840.
FORTIS (FOR.SW) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 0.540 $ height triangle which was broken down at 1.380 in higher than usual volume, target of the pattern is 0.840.

Stock Trading Conclusion:
FORTIS (FOR.SW) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 1.099, 1.210, 1.300, 1.390, 1.680, 2.140,.
Stock Support levels : 0.840,.