Today we will analyze the stock TIME WARNER (TWX.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in TIME WARNER (TWX.SW)
1- Last bullish trend was from 9.92 $ (11/13/2008) to 10.75 $ (11/14/2008) a 0.83 $ move 2- The current bearish trend started from 10.75 $ at 11/14/2008 and is currently trading at 9.78 $.
3- TWX.SW current support level is at 9.69 which is the 127.20 % fibonacci retracement of the last 0.83 $ move.
4- TWX.SW current resistance level is at 9.92 which is the 100.00 % fibonacci retracement of the last 0.83 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
TIME WARNER (TWX.SW) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 9.920 and 11.200,resistance between 10.750 and 11.850 which was broken up at 9.780.
TIME WARNER (TWX.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 10.750 and 12.750 that was broken up at 9.780 transforming into a supporting line.
TIME WARNER (TWX.SW) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
TIME WARNER (TWX.SW) was trading in a bearish wave, which is becoming stronger .
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 : 9.92, 10.01, 10.15, 10.24, 10.27, 10.34, 10.38, 10.43, 10.55, 10.75,.
Stock Support levels : 9.69, 9.65, 9.61,.