Today we will analyze the stock ROSSS (ROS.MI) for internet stock trading in the MI stock market,
Stock Technical indicators to notice in ROSSS (ROS.MI)
1- Last bearish trend was from 1.43 $ (2/17/2014) to 1.36 $ (2/24/2014) a 0.07 $ move 2- The current bullish trend started from 1.36 $ at 2/24/2014 and is currently trading at 1.43 $.
3- ROS.MI current support level is at 1.43 which is the 100.00 % fibonacci retracement of the last 0.07 $ move.
4- ROS.MI current resistance level is at 1.45 which is the 127.20 % fibonacci retracement of the last 0.07 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
ROSSS (ROS.MI) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.360 and 1.310, and is currently supporting at 1.398.
ROSSS (ROS.MI) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.190 $ height triangle which was broken up at 1.410 in higher than usual volume, target of the pattern is 1.600.
ROSSS (ROS.MI) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.450 and 1.540 that was broken up at 1.320 transforming into a supporting line.

Stock Trading Conclusion:
ROSSS (ROS.MI) was trading in a bullish wave, which is becoming stronger .
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 : 1.45, 1.47, 1.60.
Stock Support levels : 1.41, 1.40, 1.40, 1.39, 1.39, 1.38, 1.36, 1.35,.