Today we will analyze the stock GRUPO FERROVIAL (FER.MC) for internet stock trading in the MC stock market,
Stock Technical indicators to notice in GRUPO FERROVIAL (FER.MC)
1- Last bullish trend was from 9.02 $ (3/6/2012) to 9.31 $ (3/13/2012) a 0.29 $ move 2- The current bearish trend started from 9.31 $ at 3/13/2012 and is currently trading at 8.94 $.
3- FER.MC current support level is at 8.84 which is the 161.80 % fibonacci retracement of the last 0.29 $ move.
4- FER.MC current resistance level is at 8.94 which is the 127.20 % fibonacci retracement of the last 0.29 $ move.
5- According to ADX Indicator, the trend is currently bearish, 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.
GRUPO FERROVIAL (FER.MC) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.670 $ height triangle which was broken down at 8.940 in higher than usual volume, target of the pattern is 8.270.
GRUPO FERROVIAL (FER.MC) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 9.580 .
8- The Stock formed a 1.170 $ height triangle which was broken down at 9.260 in higher than usual volume, target of the pattern is 8.090.
GRUPO FERROVIAL (FER.MC) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 8.390 and 7.700 that was broken down at 9.300 transforming into a resistance line.

Stock Trading Conclusion:
GRUPO FERROVIAL (FER.MC) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 8.94, 9.02, 9.03, 9.07, 9.08, 9.13, 9.13, 9.17, 9.17, 9.20, 9.24, 9.31, 9.33, 9.54, 9.58, 9.59, 9.59.
Stock Support levels : 8.84, 8.27,.