Today we will analyze the stock SOTOGRANDE (STG.MC) for internet stock trading in the MC stock market,
Stock Technical indicators to notice in SOTOGRANDE (STG.MC)
1- Last bearish trend was from 2.85 $ (3/15/2012) to 2.64 $ (3/16/2012) a 0.21 $ move 2- The current bullish trend started from 2.64 $ at 3/16/2012 and is currently trading at 2.89 $.
3- STG.MC current support level is at 2.85 which is the 100.00 % fibonacci retracement of the last 0.21 $ move.
4- STG.MC current resistance level is at 2.91 which is the 127.20 % fibonacci retracement of the last 0.21 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
SOTOGRANDE (STG.MC) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.850 and 3.000 that was broken up at 2.840 transforming into a supporting line.
SOTOGRANDE (STG.MC) Mid term stock chart patterns for internet stock trading :

None.
SOTOGRANDE (STG.MC) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 1.130 $ height triangle.

Stock Trading Conclusion:
SOTOGRANDE (STG.MC) 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 : 2.91, 2.98.
Stock Support levels : 2.85, 2.83, 2.79, 2.77, 2.77, 2.74, 2.74, 2.72, 2.69, 2.64,.