Today we will analyze the stock BILLABONG INTL (BB6.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in BILLABONG INTL (BB6.F)
1- Last bullish trend was from 1.40 $ (1/2/2012) to 1.63 $ (1/23/2012) a 0.23 $ move 2- The current bearish trend started from 1.63 $ at 1/23/2012 and is currently trading at 1.51 $.
3- BB6.F current support level is at 1.49 which is the 61.80 % fibonacci retracement of the last 0.23 $ move.
4- BB6.F current resistance level is at 1.51 which is the 50.00 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
BILLABONG INTL (BB6.F) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.400 and 1.390, and is currently supporting at 1.440.
BILLABONG INTL (BB6.F) Mid term stock chart patterns for internet stock trading :

None.
BILLABONG INTL (BB6.F) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.600 and 3.060 that was broken up at 1.420 transforming into a supporting line.

Stock Trading Conclusion:
BILLABONG INTL (BB6.F) was trading in a bearish 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 : 1.51, 1.54, 1.54, 1.56, 1.57, 1.58, 1.58, 1.63,.
Stock Support levels : 1.49, 1.44, 1.40, 1.34, 1.26,.