Today we will analyze the index NASDAQ Telecommunications USA (IXUT) for internet stock trading in the INDICES stock market,
Stock Technical indicators to notice in NASDAQ Telecommunications USA (IXUT)
1- Last bearish trend was from 219.31 $ (3/11/2013) to 209.64 $ (4/5/2013) a 9.67 $ move 2- The current bullish trend started from 209.64 $ at 4/5/2013 and is currently trading at 248.21 $.
3- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
NASDAQ Telecommunications USA (IXUT) Short term stock chart patterns for internet stock trading :

4- The Index formed Double Top Pattern at 219.310 that failed, and formed a support .
5- The Index was supported by a support line, identified by two points: 209.640 and 207.680, and is currently supporting at 211.963.
NASDAQ Telecommunications USA (IXUT) Mid term stock chart patterns for internet stock trading :

6- The Index was supported by a support line, identified by two points: 179.610 and 170.150, and is currently supporting at 195.459.
NASDAQ Telecommunications USA (IXUT) Long term stock chart patterns for internet stock trading :

7- The Index formed a 52.420 $ height triangle which was broken up at 195.140, target of the pattern is 247.560.

Stock Trading Conclusion:
NASDAQ Telecommunications USA (IXUT) was trading in a strong 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 : .
Stock Support levels : 239.11, 233.48, 228.93, 224.37, 221.74, 221.25, 220.76, 211.96, 209.64, 195.46,.