Today we will analyze the stock CATTOLICA ASS (CASS.MI) for internet stock trading in the MI stock market,
Stock Technical indicators to notice in CATTOLICA ASS (CASS.MI)
1- Last bullish trend was from 14.05 $ (4/16/2012) to 14.92 $ (4/17/2012) a 0.87 $ move 2- The current bearish trend started from 14.92 $ at 4/17/2012 and is currently trading at 13.91 $.
3- CASS.MI current support level is at 13.81 which is the 127.20 % fibonacci retracement of the last 0.87 $ move.
4- CASS.MI current resistance level is at 14.05 which is the 100.00 % fibonacci retracement of the last 0.87 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
CATTOLICA ASS (CASS.MI) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 14.050 that failed and formed a resistance.
7- The Stock was resisted by a resistance line, identified by two points: 14.920 and 16.810, and is currently resisting at 14.448.
CATTOLICA ASS (CASS.MI) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 14.050 that failed and formed a resistance.
9- The Stock was resisted by a resistance line, identified by two points: 14.920 and 16.810, and is currently resisting at 14.448.
CATTOLICA ASS (CASS.MI) Long term stock chart patterns for internet stock trading :

10- The Stock was supported by a support line, identified by two points: 14.090 and 13.580 that was broken down at 14.880 transforming into a resistance line.

Stock Trading Conclusion:
CATTOLICA ASS (CASS.MI) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 14.04, 14.05, 14.15, 14.30, 14.38, 14.41, 14.45, 14.49, 14.53, 14.59, 14.71, 14.92, 15.47.
Stock Support levels : 13.81,.