Today we will analyze the stock TETRA TECHNOLOGIES (TGI.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in TETRA TECHNOLOGIES (TGI.F)
1- Last bullish trend was from 5.82 $ (4/23/2012) to 6.60 $ (4/27/2012) a 0.78 $ move 2- The current bearish trend started from 6.60 $ at 4/27/2012 and is currently trading at 6.02 $.
3- TGI.F current support level is at 5.82 which is the 100.00 % fibonacci retracement of the last 0.78 $ move.
4- TGI.F current resistance level is at 6.12 which is the 61.80 % fibonacci retracement of the last 0.78 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
TETRA TECHNOLOGIES (TGI.F) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 5.820 and 6.610,resistance between 6.600 and 7.260, the stock channel is currently supported from below by 5.446 and resisted from above by 6.394.
TETRA TECHNOLOGIES (TGI.F) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 5.820 and 6.610,resistance between 6.600 and 7.260, the stock channel is currently supported from below by 5.446 and resisted from above by 6.394.
TETRA TECHNOLOGIES (TGI.F) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 7.260 and 7.330, and is currently resisting at 7.155.

Stock Trading Conclusion:
TETRA TECHNOLOGIES (TGI.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 : 6.12, 6.16, 6.21, 6.24, 6.30, 6.31, 6.38, 6.42, 6.60, 7.16.
Stock Support levels : 5.82, 5.61,.