Today we will analyze the stock FUJIKURA (FJK.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in FUJIKURA (FJK.F)
1- Last bullish trend was from 2.22 $ (4/23/2012) to 2.34 $ (4/30/2012) a 0.12 $ move 2- The current bearish trend started from 2.34 $ at 4/30/2012 and is currently trading at 2.17 $.
3- FJK.F current support level is at 2.15 which is the 161.80 % fibonacci retracement of the last 0.12 $ move.
4- FJK.F current resistance level is at 2.19 which is the 127.20 % fibonacci retracement of the last 0.12 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
FUJIKURA (FJK.F) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 2.220 and 2.480,resistance between 2.340 and 2.610, the stock channel is currently supported from below by 2.149 and resisted from above by 2.303.
FUJIKURA (FJK.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.130 and 1.950 that was broken down at 2.590 transforming into a resistance line.
FUJIKURA (FJK.F) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.610 and 3.390, and is currently resisting at 2.459.

Stock Trading Conclusion:
FUJIKURA (FJK.F) was trading in a bearish wave, which is becoming stronger .
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 : 2.19, 2.21, 2.22, 2.23, 2.26, 2.27, 2.28, 2.28, 2.29, 2.31, 2.34, 2.46, 2.61, 2.85.
Stock Support levels : 2.15.