Today we will analyze the index All Ordinaries Australia (AORD) for internet stock trading in the INDICES stock market,
Stock Technical indicators to notice in All Ordinaries Australia (AORD)
1- Last bullish trend was from 4,234.40 $ (3/7/2012) to 4,504.80 $ (5/2/2012) a 270.40 $ move 2- The current bearish trend started from 4,504.80 $ at 5/2/2012 and is currently trading at 4,332.20 $.
3- AORD current support level is at 4,234.40 which is the 100.00 % fibonacci retracement of the last 270.40 $ move.
4- AORD current resistance level is at 4,337.69 which is the 61.80 % fibonacci retracement of the last 270.40 $ move.
5- According to ADX Indicator, the trend is currently bearish,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.
All Ordinaries Australia (AORD) Short term stock chart patterns for internet stock trading :

6- The Index traded in a bullish stock channel identifed by support at 4,234.400 and 4,107.100,resistance between 4,504.800 and 4,389.000 which was broken down at 4,332.200 in higher than usual volume.
All Ordinaries Australia (AORD) Mid term stock chart patterns for internet stock trading :

7- The Index formed a 353.800 $ height triangle which was broken up at 4,336.500, target of the pattern is 4,690.300 which was broken down at 4,361.600 in higher than usual volume, target of the pattern is 4,007.800.
All Ordinaries Australia (AORD) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
All Ordinaries Australia (AORD) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 4,337.22, 4,337.69, 4,369.60, 4,372.93, 4,380.81, 4,394.18, 4,398.13, 4,401.51, 4,418.50, 4,438.87, 4,440.99, 4,504.80, 4,690.30.
Stock Support levels : 4,250.67, 4,234.40, 4,160.85, 4,067.29,.