Today we will analyze the stock TEKELEC (TKC.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in TEKELEC (TKC.F)
1- Last bullish trend was from 6.85 $ (11/2/2011) to 8.66 $ (1/17/2012) a 1.81 $ move 2- The current bearish trend started from 8.66 $ at 1/17/2012 and is currently trading at 8.29 $.
3- TKC.F current support level is at 8.23 which is the 23.60 % fibonacci retracement of the last 1.81 $ move.
4- TKC.F current resistance level is at 8.66 which is the 0.00 % fibonacci retracement of the last 1.81 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
TEKELEC (TKC.F) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 6.850 and 4.950 that was broken down at 8.190 transforming into a resistance line.
TEKELEC (TKC.F) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 4.890 and 5.000 that was broken up at 4.810 transforming into a supporting line.
TEKELEC (TKC.F) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 5.000 that failed, and formed a support .

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

Stock Resistance Levels : 8.38, 8.43, 8.48, 8.52, 8.66, 15.91.
Stock Support levels : 8.23, 7.97, 7.76, 7.54, 6.85, 6.36, 5.73, 5.00,.