Today we will analyze the stock TECNOCOM (TEC.MC) for internet stock trading in the MC stock market,
Stock Technical indicators to notice in TECNOCOM (TEC.MC)
1- Last bullish trend was from 1.43 $ (3/6/2012) to 1.90 $ (3/21/2012) a 0.47 $ move 2- The current bearish trend started from 1.90 $ at 3/21/2012 and is currently trading at 1.79 $.
3- TEC.MC current support level is at 1.79 which is the 23.60 % fibonacci retracement of the last 0.47 $ move.
4- TEC.MC current resistance level is at 1.90 which is the 0.00 % fibonacci retracement of the last 0.47 $ move.
5- 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.
TECNOCOM (TEC.MC) Short term stock chart patterns for internet stock trading :

None.
TECNOCOM (TEC.MC) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.650 and 1.730 that was broken up at 1.690 transforming into a supporting line.
TECNOCOM (TEC.MC) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.650 and 1.730 that was broken up at 1.690 transforming into a supporting line.

Stock Trading Conclusion:
TECNOCOM (TEC.MC) 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 : 1.82, 1.83, 1.85, 1.86, 1.90,.
Stock Support levels : 1.79, 1.72, 1.66, 1.61, 1.51, 1.43, 1.30,.