Today we will analyze the stock FERSA (FRS.MC) for internet stock trading in the MC stock market,
Stock Technical indicators to notice in FERSA (FRS.MC)
1- Last bearish trend was from 0.52 $ (3/8/2012) to 0.49 $ (3/9/2012) a 0.03 $ move 2- The current bullish trend started from 0.49 $ at 3/9/2012 and is currently trading at 0.52 $.
3- FRS.MC current support level is at 0.52 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
4- FRS.MC current resistance level is at 0.53 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
FERSA (FRS.MC) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 0.120 $ height triangle which was broken up at 0.500 in higher than usual volume, target of the pattern is 0.620.
FERSA (FRS.MC) Mid term stock chart patterns for internet stock trading :

None.
FERSA (FRS.MC) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.790 and 0.850, and is currently resisting at 0.757.

Stock Trading Conclusion:
FERSA (FRS.MC) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.528, 0.539, 0.620, 0.757.
Stock Support levels : 0.513, 0.509, 0.505, 0.501, 0.497, 0.490,.