Today we will analyze the stock TELECOM IT ADR (TIN.MX) for internet stock trading in the MX stock market,
Stock Technical indicators to notice in TELECOM IT ADR (TIN.MX)
1- Last bearish trend was from 161.00 $ (12/21/2010) to 145.20 $ (7/13/2011) a 15.80 $ move 2- The current bullish trend started from 145.20 $ at 7/13/2011 and is currently trading at 170.35 $.
3- TIN.MX current support level is at 165.30 which is the 127.20 % fibonacci retracement of the last 15.80 $ move.
4- TIN.MX current resistance level is at 170.76 which is the 161.80 % fibonacci retracement of the last 15.80 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
TELECOM IT ADR (TIN.MX) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 49.750 $ height triangle which was broken up at 160.800, target of the pattern is 210.550.
TELECOM IT ADR (TIN.MX) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 71.300 $ height triangle which was broken up at 160.800, target of the pattern is 232.100.
TELECOM IT ADR (TIN.MX) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 198.500 $ height triangle which was broken up at 160.800, target of the pattern is 359.300.

Stock Trading Conclusion:
TELECOM IT ADR (TIN.MX) was trading in a bearish 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 : 170.76, 210.55, 232.10, 359.30.
Stock Support levels : 165.30, 164.41, 161.00, 160.74, 157.77, 154.96, 154.81, 153.10, 151.24, 148.93, 145.20, 135.40, 130.00,.