Today we will analyze the stock UNICREDIT RSP (UCGR.MI) for internet stock trading in the MI stock market,
Stock Technical indicators to notice in UNICREDIT RSP (UCGR.MI)
1- Last bearish trend was from 8.74 $ (2/18/2014) to 8.40 $ (3/3/2014) a 0.34 $ move 2- The current bullish trend started from 8.40 $ at 3/3/2014 and is currently trading at 8.80 $.
3- UCGR.MI current support level is at 8.74 which is the 100.00 % fibonacci retracement of the last 0.34 $ move.
4- UCGR.MI current resistance level is at 8.83 which is the 127.20 % fibonacci retracement of the last 0.34 $ 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.
UNICREDIT RSP (UCGR.MI) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.290 $ height triangle which was broken up at 8.600, target of the pattern is 9.890.
UNICREDIT RSP (UCGR.MI) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 8.210 and 7.270,resistance between 9.500 and 8.180, the stock channel is currently supported from below by 8.358 and resisted from above by 9.797.
UNICREDIT RSP (UCGR.MI) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 9.500 and 9.800, and is currently resisting at 9.466.

Stock Trading Conclusion:
UNICREDIT RSP (UCGR.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 : 8.83, 8.95, 9.47, 9.89.
Stock Support levels : 8.74, 8.71, 8.65, 8.61, 8.60, 8.57, 8.55, 8.53, 8.48, 8.40,.