Today we will analyze the stock DAIDO STEEL (DDL.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in DAIDO STEEL (DDL.F)
1- Last bearish trend was from 1.32 $ (2/25/2014) to 1.19 $ (3/3/2014) a 0.13 $ move 2- The current bullish trend started from 1.19 $ at 3/3/2014 and is currently trading at 1.22 $.
3- DDL.F current support level is at 1.19 which is the 0.00 % fibonacci retracement of the last 0.13 $ move.
4- DDL.F current resistance level is at 1.22 which is the 23.60 % fibonacci retracement of the last 0.13 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
DAIDO STEEL (DDL.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 1.320 .
DAIDO STEEL (DDL.F) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 1.320 .
DAIDO STEEL (DDL.F) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 1.720 .
9- The Stock formed a 0.980 $ height triangle which was broken down at 1.590, target of the pattern is 0.610.

Stock Trading Conclusion:
DAIDO STEEL (DDL.F) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 1.22, 1.24, 1.26, 1.27, 1.32, 1.36, 1.40, 1.42, 1.72, 4.33.
Stock Support levels : 1.21, 1.21, 1.21, 1.20, 1.19,.