Today we will analyze the stock ANSALDO STS (W9X.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in ANSALDO STS (W9X.F)
1- Last bearish trend was from 7.48 $ (1/17/2012) to 7.24 $ (1/24/2012) a 0.24 $ move 2- The current bullish trend started from 7.24 $ at 1/24/2012 and is currently trading at 7.36 $.
3- W9X.F current support level is at 7.36 which is the 50.00 % fibonacci retracement of the last 0.24 $ move.
4- W9X.F current resistance level is at 7.39 which is the 61.80 % fibonacci retracement of the last 0.24 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
ANSALDO STS (W9X.F) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 7.240 $ and 7.480 $.

ANSALDO STS (W9X.F) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 6.750 .
8- The Stock formed a 1.420 $ height triangle which was broken up at 7.140, target of the pattern is 8.560.
ANSALDO STS (W9X.F) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 6.750 and 5.350 that was broken down at 7.360 transforming into a resistance line.

Stock Trading Conclusion:
ANSALDO STS (W9X.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 : 7.39, 7.42, 7.47, 7.48, 7.48, 7.55, 7.63, 8.56.
Stock Support levels : 7.36, 7.33, 7.31, 7.30, 7.30, 7.29, 7.24, 7.23, 6.72, 6.64,.