Today we will analyze the stock GISSA (GISSA.MX) for internet stock trading in the MX stock market,
Stock Technical indicators to notice in GISSA (GISSA.MX)
1- Last bullish trend was from 9.39 $ (3/26/2010) to 9.95 $ (3/31/2010) a 0.56 $ move 2- The current bearish trend started from 9.95 $ at 3/31/2010 and is currently trading at 9.38 $.
3- GISSA.MX current support level is at 9.24 which is the 127.20 % fibonacci retracement of the last 0.56 $ move.
4- GISSA.MX current resistance level is at 9.39 which is the 100.00 % fibonacci retracement of the last 0.56 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
GISSA (GISSA.MX) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 2.200 $ height triangle which was broken down at 9.800, target of the pattern is 7.600.
GISSA (GISSA.MX) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 6.980 .
GISSA (GISSA.MX) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 6.980 .
9- The Stock formed a 2.190 $ height triangle which was broken up at 8.000 in higher than usual volume, target of the pattern is 10.190.

Stock Trading Conclusion:
GISSA (GISSA.MX) was trading in a strong bullish wave, which is becoming weaker .
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 : 9.39, 9.51, 9.60, 9.60, 9.66, 9.67, 9.73, 9.74, 9.82, 9.95, 10.19, 10.54.
Stock Support levels : 9.24, 9.04, 7.60, 6.96, 6.93,.