Today we will analyze the stock ALCAN (ALC.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in ALCAN (ALC.DE)
1- Last bearish trend was from 1.51 $ (1/4/2012) to 1.40 $ (1/5/2012) a 0.11 $ move 2- The current bullish trend started from 1.40 $ at 1/5/2012 and is currently trading at 1.61 $.
3- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
ALCAN (ALC.DE) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 1.400 and 1.210, and is currently supporting at 1.463.
ALCAN (ALC.DE) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Top Pattern at 1.510 that failed, and formed a support .
6- The Stock was supported by a support line, identified by two points: 1.400 and 1.210, and is currently supporting at 1.463.
ALCAN (ALC.DE) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 0.540 $ height triangle which was broken up at 1.610 in higher than usual volume, target of the pattern is 2.150.

Stock Trading Conclusion:
ALCAN (ALC.DE) was trading in a bullish wave, which is becoming weaker .
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 : 2.15.
Stock Support levels : 1.56, 1.53, 1.51, 1.50, 1.48, 1.46, 1.40,.