Today we will analyze the stock FROSTA AG (NLM.HM) for internet stock trading in the HM stock market,
Stock Technical indicators to notice in FROSTA AG (NLM.HM)
1- Last bearish trend was from 17.22 $ (8/10/2011) to 15.55 $ (9/23/2011) a 1.67 $ move 2- The current bullish trend started from 15.55 $ at 9/23/2011 and is currently trading at 17.40 $.
3- NLM.HM current support level is at 17.22 which is the 100.00 % fibonacci retracement of the last 1.67 $ move.
4- NLM.HM current resistance level is at 17.67 which is the 127.20 % fibonacci retracement of the last 1.67 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
FROSTA AG (NLM.HM) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 17.220 and 17.750 that was broken up at 16.650 transforming into a supporting line.
FROSTA AG (NLM.HM) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 17.220 and 17.750 that was broken up at 16.650 transforming into a supporting line.
FROSTA AG (NLM.HM) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 18.800 and 20.470, and is currently resisting at 17.795.

Stock Trading Conclusion:
FROSTA AG (NLM.HM) 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 : 17.67, 17.79, 18.25.
Stock Support levels : 17.22, 16.96, 16.69, 16.58, 16.50, 16.48, 16.39, 16.26, 16.19, 15.94, 15.55,.