Today we will analyze the stock DIGITAL MUSIC GRP (D1M.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in DIGITAL MUSIC GRP (D1M.F)
1- Last bearish trend was from 6.19 $ (6/15/2012) to 5.99 $ (6/28/2012) a 0.20 $ move 2- The current bullish trend started from 5.99 $ at 6/28/2012 and is currently trading at 6.15 $.
3- D1M.F current support level is at 6.11 which is the 61.80 % fibonacci retracement of the last 0.20 $ move.
4- D1M.F current resistance level is at 6.19 which is the 100.00 % fibonacci retracement of the last 0.20 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
DIGITAL MUSIC GRP (D1M.F) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 5.990 and 5.450, and is currently supporting at 6.102.
DIGITAL MUSIC GRP (D1M.F) Mid term stock chart patterns for internet stock trading :

None.
DIGITAL MUSIC GRP (D1M.F) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 5.450 and 1.440,resistance between 6.090 and 1.800 which was broken down at 5.750.

Stock Trading Conclusion:
DIGITAL MUSIC GRP (D1M.F) was trading in a strong bullish wave, which is becoming weaker .
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 : 6.19, 6.24, 6.31, 11.83.
Stock Support levels : 6.11, 6.11, 6.10, 6.09, 6.09, 6.07, 6.07, 6.05, 6.04, 5.99,.