Today we will analyze the stock KOFAX (DCM1.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in KOFAX (DCM1.F)
1- Last bearish trend was from 4.49 $ (11/21/2013) to 4.19 $ (11/26/2013) a 0.30 $ move 2- The current bullish trend started from 4.19 $ at 11/26/2013 and is currently trading at 4.68 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
KOFAX (DCM1.F) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 4.490 that failed, and formed a support .
5- The Stock was resisted by a resistance line, identified by two points: 4.490 and 4.510 that was broken up at 4.600 transforming into a supporting line.
KOFAX (DCM1.F) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 4.510 that failed, and formed a support .
7- The Stock formed a 0.510 $ height triangle which was broken up at 4.640, target of the pattern is 5.150.
KOFAX (DCM1.F) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 4.010 and 3.010,resistance between 4.520 and 3.760, the stock channel is currently supported from below by 4.171 and resisted from above by 4.736.

Stock Trading Conclusion:
KOFAX (DCM1.F) was trading in a bullish wave, which is becoming stronger .
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 : 5.15.
Stock Support levels : 4.56, 4.50, 4.49, 4.47, 4.43, 4.38,.