Today we will analyze the stock BUZZI UNICEM RNC (BZUR.MI) for internet stock trading in the MI stock market,
Stock Technical indicators to notice in BUZZI UNICEM RNC (BZUR.MI)
1- Last bearish trend was from 7.60 $ (2/28/2014) to 7.15 $ (3/3/2014) a 0.45 $ move 2- The current bullish trend started from 7.15 $ at 3/3/2014 and is currently trading at 7.40 $.
3- BZUR.MI current support level is at 7.38 which is the 50.00 % fibonacci retracement of the last 0.45 $ move.
4- BZUR.MI current resistance level is at 7.43 which is the 61.80 % fibonacci retracement of the last 0.45 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
BUZZI UNICEM RNC (BZUR.MI) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 7.150 and 6.730, and is currently supporting at 7.267.
BUZZI UNICEM RNC (BZUR.MI) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 6.730 and 6.560, and is currently supporting at 6.819.
BUZZI UNICEM RNC (BZUR.MI) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 6.730 and 6.560, and is currently supporting at 6.819.

Stock Trading Conclusion:
BUZZI UNICEM RNC (BZUR.MI) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 7.43, 7.60, 7.72, 7.88.
Stock Support levels : 7.38, 7.34, 7.32, 7.30, 7.28, 7.27, 7.26, 7.25, 7.15, 6.82,.