Today we will analyze the stock NEXT (NXT.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in NEXT (NXT.L)
1- Last bearish trend was from 3,032.00 $ (4/20/2012) to 2,896.00 $ (5/1/2012) a 136.00 $ move 2- The current bullish trend started from 2,896.00 $ at 5/1/2012 and is currently trading at 2,968.00 $.
3- NXT.L current support level is at 2,964.00 which is the 50.00 % fibonacci retracement of the last 136.00 $ move.
4- NXT.L current resistance level is at 2,980.05 which is the 61.80 % fibonacci retracement of the last 136.00 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
NEXT (NXT.L) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 3,032.000 and 3,060.000, and is currently resisting at 3,006.545.
NEXT (NXT.L) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 2,573.000 .
8- The Stock formed a 235.000 $ height triangle which was broken up at 2,696.000, target of the pattern is 2,931.000.
NEXT (NXT.L) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bullish stock channel identifed by support at 2,153.000 and 1,868.000,resistance between 2,426.000 and 2,153.000 which was broken up at 2,793.000 in higher than usual volume.

Stock Trading Conclusion:
NEXT (NXT.L) was trading in a 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 : 2,980.05, 3,006.55, 3,032.00, 3,068.99, 3,116.05.
Stock Support levels : 2,964.00, 2,951.01, 2,947.95, 2,940.50, 2,932.00, 2,928.10, 2,923.50, 2,896.00, 2,845.02, 2,567.10, 2,565.19,.