Today we will analyze the stock IMPERIAL OIL (IMP.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in IMPERIAL OIL (IMP.DE)
1- Last bearish trend was from 39.00 $ (5/9/2011) to 32.08 $ (5/17/2011) a 6.92 $ move 2- The current bullish trend started from 32.08 $ at 5/17/2011 and is currently trading at 39.00 $.
3- IMP.DE current support level is at 39.00 which is the 100.00 % fibonacci retracement of the last 6.92 $ move.
4- IMP.DE current resistance level is at 40.88 which is the 127.20 % fibonacci retracement of the last 6.92 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
IMPERIAL OIL (IMP.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 39.000 and 42.000 that was broken up at 39.000 transforming into a supporting line.
IMPERIAL OIL (IMP.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 39.000 and 42.000 that was broken up at 39.000 transforming into a supporting line.
IMPERIAL OIL (IMP.DE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 39.000 and 42.000 that was broken up at 39.000 transforming into a supporting line.

Stock Trading Conclusion:
IMPERIAL OIL (IMP.DE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 40.88, 43.28.
Stock Support levels : 37.80, 37.37, 36.36, 35.54, 34.72, 33.71, 32.08,.