Today we will analyze the stock DRAX GROUP (D9F2.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in DRAX GROUP (D9F2.F)
1- Last bearish trend was from 9.83 $ (1/30/2014) to 9.33 $ (2/4/2014) a 0.50 $ move 2- The current bullish trend started from 9.33 $ at 2/4/2014 and is currently trading at 9.58 $.
3- D9F2.F current support level is at 9.58 which is the 50.00 % fibonacci retracement of the last 0.50 $ move.
4- D9F2.F current resistance level is at 9.64 which is the 61.80 % fibonacci retracement of the last 0.50 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
DRAX GROUP (D9F2.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 9.330 .
DRAX GROUP (D9F2.F) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 7.280 and 6.110,resistance between 8.280 and 7.140, the stock channel is currently supported from below by 8.753 and resisted from above by 9.990.
DRAX GROUP (D9F2.F) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 7.280 and 6.110, and is currently supporting at 8.753.

Stock Trading Conclusion:
DRAX GROUP (D9F2.F) was trading in a strong 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 : 9.64, 9.83, 9.97, 10.14.
Stock Support levels : 9.52, 9.48, 9.45, 9.45, 9.43, 9.41, 9.38, 9.34, 9.33,.