Today we will analyze the stock GENERAL MOTORS (GM.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in GENERAL MOTORS (GM.SW)
1- Last bearish trend was from 1.22 $ (7/10/2009) to 1.09 $ (7/14/2009) a 0.13 $ move 2- The current bullish trend started from 1.09 $ at 7/14/2009 and is currently trading at 1.20 $.
3- GM.SW current support level is at 1.17 which is the 61.80 % fibonacci retracement of the last 0.13 $ move.
4- GM.SW current resistance level is at 1.22 which is the 100.00 % fibonacci retracement of the last 0.13 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
GENERAL MOTORS (GM.SW) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.090 and 0.690 that was broken down at 1.200 transforming into a resistance line.
GENERAL MOTORS (GM.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.640 $ height triangle which was broken up at 1.200, target of the pattern is 1.840 which was broken down at 1.200, target of the pattern is 0.560.
GENERAL MOTORS (GM.SW) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.750 $ height triangle which was broken up at 1.200, target of the pattern is 1.950 which was broken down at 1.200, target of the pattern is 0.450.

Stock Trading Conclusion:
GENERAL MOTORS (GM.SW) was trading in a bullish wave, which is becoming weaker .
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 : 1.22, 1.25, 1.26, 1.30, 1.84, 1.95.
Stock Support levels : 1.18, 1.17, 1.17, 1.17, 1.16, 1.15, 1.14, 1.14, 1.13, 1.12, 1.09, 0.56,.