Today we will analyze the stock BORGOSESIA (BO.MI) for internet stock trading in the MI stock market,
Stock Technical indicators to notice in BORGOSESIA (BO.MI)
1- Last bearish trend was from 0.87 $ (4/26/2012) to 0.82 $ (4/27/2012) a 0.05 $ move 2- The current bullish trend started from 0.82 $ at 4/27/2012 and is currently trading at 0.87 $.
3- BO.MI current support level is at 0.87 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
4- BO.MI current resistance level is at 0.88 which is the 127.20 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
6- Bearish Divergance in MACD Indicator .
BORGOSESIA (BO.MI) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.870 .
8- The Stock formed a 0.100 $ height triangle which was broken down at 0.860, target of the pattern is 0.760.
BORGOSESIA (BO.MI) Mid term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 0.770 .
10- The Stock formed a 0.110 $ height triangle which was broken up at 0.870 in higher than usual volume, target of the pattern is 0.980.
BORGOSESIA (BO.MI) Long term stock chart patterns for internet stock trading :

11- The Stock formed Double Bottom Pattern at 0.770 .
12- The Stock formed a 0.110 $ height triangle which was broken up at 0.870 in higher than usual volume, target of the pattern is 0.980.

Stock Trading Conclusion:
BORGOSESIA (BO.MI) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.884, 0.901, 0.920, 0.980,.
Stock Support levels : 0.858, 0.851, 0.847, 0.845, 0.839, 0.832, 0.820, 0.810, 0.770,.