Today we will analyze the stock VERIZON COMM (VER.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in VERIZON COMM (VER.SW)
1- Last bearish trend was from 31.50 $ (2/23/2010) to 30.00 $ (2/24/2010) a 1.50 $ move 2- The current bullish trend started from 30.00 $ at 2/24/2010 and is currently trading at 31.00 $.
3- VER.SW current support level is at 30.93 which is the 61.80 % fibonacci retracement of the last 1.50 $ move.
4- VER.SW current resistance level is at 31.50 which is the 100.00 % fibonacci retracement of the last 1.50 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
VERIZON COMM (VER.SW) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 30.000 $ and 31.500 $.

VERIZON COMM (VER.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 25.500 .
VERIZON COMM (VER.SW) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 25.500 .

Stock Trading Conclusion:
VERIZON COMM (VER.SW) was trading in a bullish wave, which is becoming weaker .
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 : 31.50, 31.91, 32.43.
Stock Support levels : 30.93, 30.76, 30.75, 30.62, 30.57, 30.50, 30.38, 30.35, 30.00, 25.50,.