Today we will analyze the stock NORTHGATE3.5CP (67GX.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in NORTHGATE3.5CP (67GX.L)
1- Last bearish trend was from 32.61 $ (8/9/2013) to 27.95 $ (8/13/2013) a 4.66 $ move 2- The current bullish trend started from 27.95 $ at 8/13/2013 and is currently trading at 34.75 $.
3- 67GX.L current support level is at 33.88 which is the 127.20 % fibonacci retracement of the last 4.66 $ move.
4- 67GX.L current resistance level is at 35.49 which is the 161.80 % fibonacci retracement of the last 4.66 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
NORTHGATE3.5CP (67GX.L) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 27.950 .
7- The Stock formed a 8.160 $ height triangle which was broken up at 33.540 in higher than usual volume, target of the pattern is 41.700.
NORTHGATE3.5CP (67GX.L) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 27.950 .
9- The Stock formed a 8.160 $ height triangle which was broken up at 33.540 in higher than usual volume, target of the pattern is 41.700.
NORTHGATE3.5CP (67GX.L) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 27.950 .
11- The Stock formed a 8.160 $ height triangle which was broken up at 33.540 in higher than usual volume, target of the pattern is 41.700.

Stock Trading Conclusion:
NORTHGATE3.5CP (67GX.L) was trading in a strong bullish wave, which is becoming stronger .
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 : 35.49, 41.70,.
Stock Support levels : 33.88, 33.15, 32.61, 32.15, 31.35, 30.83, 30.55, 30.28, 29.73, 29.05, 27.95, 27.66,.