Today we will analyze the stock XEROX CORP (XRX.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in XEROX CORP (XRX.SW)
1- Last bearish trend was from 11.50 $ (11/9/2010) to 10.85 $ (11/16/2010) a 0.65 $ move 2- The current bullish trend started from 10.85 $ at 11/16/2010 and is currently trading at 11.55 $.
3- XRX.SW current support level is at 11.50 which is the 100.00 % fibonacci retracement of the last 0.65 $ move.
4- XRX.SW current resistance level is at 11.68 which is the 127.20 % fibonacci retracement of the last 0.65 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
XEROX CORP (XRX.SW) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 10.850 and 11.100,resistance between 11.500 and 11.700 which was broken up at 11.450.
XEROX CORP (XRX.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 10.850 and 8.490, and is currently supporting at 10.979.
XEROX CORP (XRX.SW) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 2.150 $ height triangle which was broken up at 9.690 in higher than usual volume, target of the pattern is 11.840.

Stock Trading Conclusion:
XEROX CORP (XRX.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 : 11.68, 11.84, 11.90.
Stock Support levels : 11.50, 11.38, 11.28, 11.25, 11.20, 11.18, 11.12, 11.10, 11.10, 11.00, 10.98, 10.85,.