Today we will analyze the stock STRATEX INTL (STI.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in STRATEX INTL (STI.L)
1- Last bullish trend was from 7.62 $ (4/23/2012) to 7.91 $ (4/30/2012) a 0.29 $ move 2- The current bearish trend started from 7.91 $ at 4/30/2012 and is currently trading at 7.25 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
STRATEX INTL (STI.L) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.700 $ height triangle which was broken down at 7.650 in higher than usual volume, target of the pattern is 6.950.
STRATEX INTL (STI.L) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 7.500 that failed and formed a resistance.
6- The Stock formed Double Top Pattern at 8.200 .
STRATEX INTL (STI.L) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 4.350 $ height triangle which was broken up at 8.200 in higher than usual volume, target of the pattern is 12.550 which was broken down at 7.750, target of the pattern is 3.400.

Stock Trading Conclusion:
STRATEX INTL (STI.L) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 7.41, 7.50, 7.50, 7.58, 7.66, 7.80, 7.91, 8.08, 8.16, 8.19, 12.55.
Stock Support levels : 6.95, 6.14,.