Today we will analyze the stock TECNICAS REUNIDAS (TRE.MC) for internet stock trading in the MC stock market,
Stock Technical indicators to notice in TECNICAS REUNIDAS (TRE.MC)
1- Last bearish trend was from 30.97 $ (3/5/2012) to 29.47 $ (3/6/2012) a 1.50 $ move 2- The current bullish trend started from 29.47 $ at 3/6/2012 and is currently trading at 31.88 $.
3- TRE.MC current support level is at 31.38 which is the 127.20 % fibonacci retracement of the last 1.50 $ move.
4- TRE.MC current resistance level is at 31.90 which is the 161.80 % fibonacci retracement of the last 1.50 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
TECNICAS REUNIDAS (TRE.MC) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 30.970 and 31.140 that was broken up at 31.350 transforming into a supporting line.
TECNICAS REUNIDAS (TRE.MC) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 5.470 $ height triangle which was broken up at 26.930 in higher than usual volume, target of the pattern is 32.400.
TECNICAS REUNIDAS (TRE.MC) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 6.350 $ height triangle which was broken up at 26.930 in higher than usual volume, target of the pattern is 33.280.

Stock Trading Conclusion:
TECNICAS REUNIDAS (TRE.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 : 31.90, 32.40, 33.28.
Stock Support levels : 31.38, 31.31, 30.97, 30.96, 30.72, 30.67, 30.40, 30.39, 30.22, 30.04, 29.82, 29.47, 21.98,.