Today we will analyze the stock MEDION (MDN.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in MEDION (MDN.F)
1- Last bullish trend was from 12.50 $ (8/23/2011) to 16.00 $ (10/31/2011) a 3.50 $ move 2- The current bearish trend started from 16.00 $ at 10/31/2011 and is currently trading at 15.39 $.
3- MDN.F current support level is at 15.17 which is the 23.60 % fibonacci retracement of the last 3.50 $ move.
4- MDN.F current resistance level is at 16.00 which is the 0.00 % fibonacci retracement of the last 3.50 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
MEDION (MDN.F) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 12.500 and 9.900,resistance between 16.000 and 13.150 which was broken down at 15.410.
MEDION (MDN.F) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 3.140 $ height triangle which was broken up at 10.970 in higher than usual volume, target of the pattern is 14.110 which was broken down at 15.380 in higher than usual volume, target of the pattern is 12.240.
MEDION (MDN.F) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 12.550 and 14.330 that was broken up at 12.100 transforming into a supporting line.

Stock Trading Conclusion:
MEDION (MDN.F) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 15.53, 15.53, 15.62, 15.69, 15.77, 16.00, 17.62.
Stock Support levels : 15.17, 14.66, 14.25, 13.84, 12.50, 12.24, 11.55, 10.34, 4.25,.