Today we will analyze the stock VONTOBEL INVEST (MIV.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in VONTOBEL INVEST (MIV.SW)
1- Last bearish trend was from 614.00 $ (9/4/2008) to 572.00 $ (9/18/2008) a 42.00 $ move 2- The current bullish trend started from 572.00 $ at 9/18/2008 and is currently trading at 609.00 $.
3- MIV.SW current support level is at 597.96 which is the 61.80 % fibonacci retracement of the last 42.00 $ move.
4- MIV.SW current resistance level is at 614.00 which is the 100.00 % fibonacci retracement of the last 42.00 $ move.
5- 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.
VONTOBEL INVEST (MIV.SW) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 614.000 .
7- The Stock formed a 65.000 $ height triangle.
VONTOBEL INVEST (MIV.SW) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 614.000 .
9- The Stock formed a 65.000 $ height triangle.
VONTOBEL INVEST (MIV.SW) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
VONTOBEL INVEST (MIV.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 : 613.41, 613.68, 613.95, 614.00, 625.42, 639.96.
Stock Support levels : 600.27, 597.96, 594.87, 593.00, 590.50, 588.04, 586.13, 581.91, 572.00,.