Today we will analyze the stock GEN GROWTH PROP (GGP.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in GEN GROWTH PROP (GGP.F)
1- Last bearish trend was from 12.29 $ (10/21/2010) to 11.67 $ (10/29/2010) a 0.62 $ move 2- The current bullish trend started from 11.67 $ at 10/29/2010 and is currently trading at 12.65 $.
3- GGP.F current support level is at 12.46 which is the 127.20 % fibonacci retracement of the last 0.62 $ move.
4- GGP.F current resistance level is at 12.67 which is the 161.80 % fibonacci retracement of the last 0.62 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
GEN GROWTH PROP (GGP.F) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 11.670 and 11.100, and is currently supporting at 11.914.
GEN GROWTH PROP (GGP.F) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 2.010 $ height triangle which was broken up at 10.500, target of the pattern is 12.510 which was broken down at 10.550 in higher than usual volume, target of the pattern is 8.540.
GEN GROWTH PROP (GGP.F) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 11.690 and 12.710 that was broken up at 10.610 transforming into a supporting line.

Stock Trading Conclusion:
GEN GROWTH PROP (GGP.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 : 12.67, 13.42.
Stock Support levels : 12.46, 12.42, 12.29, 12.28, 12.16, 12.05, 12.04, 11.98, 11.91, 11.91, 11.82, 11.67, 8.54, 8.40,.