Today we will analyze the stock DIAMOND OFFSHORE (DO1.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in DIAMOND OFFSHORE (DO1.F)
1- Last bullish trend was from 49.22 $ (4/11/2012) to 53.04 $ (4/20/2012) a 3.82 $ move 2- The current bearish trend started from 53.04 $ at 4/20/2012 and is currently trading at 48.97 $.
3- DO1.F current support level is at 48.18 which is the 127.20 % fibonacci retracement of the last 3.82 $ move.
4- DO1.F current resistance level is at 49.22 which is the 100.00 % fibonacci retracement of the last 3.82 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
DIAMOND OFFSHORE (DO1.F) Short term stock chart patterns for internet stock trading :

None.
DIAMOND OFFSHORE (DO1.F) Mid term stock chart patterns for internet stock trading :

6- The Stock formed a 12.660 $ height triangle which was broken down at 50.240, target of the pattern is 37.580.
DIAMOND OFFSHORE (DO1.F) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 41.560 and 39.220, and is currently supporting at 45.720.

Stock Trading Conclusion:
DIAMOND OFFSHORE (DO1.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 : 49.22, 49.93, 50.52, 50.68, 50.87, 51.01, 51.13, 51.49, 51.58, 52.14, 53.04,.
Stock Support levels : 48.18, 46.86, 45.72,.