Today we will analyze the stock TELSPEC (TSP.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in TELSPEC (TSP.L)
1- Last bearish trend was from 3.88 $ (8/11/2009) to 3.65 $ (8/18/2009) a 0.23 $ move 2- The current bullish trend started from 3.65 $ at 8/18/2009 and is currently trading at 6.75 $.
3- 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.
TELSPEC (TSP.L) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 3.650 .
5- The Stock formed a 0.600 $ height triangle which was broken up at 3.650, target of the pattern is 4.250.
TELSPEC (TSP.L) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 3.650 .
7- The Stock formed a 0.750 $ height triangle which was broken up at 4.120 in higher than usual volume, target of the pattern is 4.870.
TELSPEC (TSP.L) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 3.650 .
9- The Stock formed a 0.750 $ height triangle which was broken up at 4.120 in higher than usual volume, target of the pattern is 4.870.

Stock Trading Conclusion:
TELSPEC (TSP.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 : .
Stock Support levels : 6.02, 5.57, 5.20, 4.83, 3.65, 3.35,.