Today we will analyze the stock AES (AES.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in AES (AES.MU)
1- Last bullish trend was from 9.17 $ (4/24/2012) to 9.53 $ (5/2/2012) a 0.36 $ move 2- The current bearish trend started from 9.53 $ at 5/2/2012 and is currently trading at 9.21 $.
3- AES.MU current support level is at 9.17 which is the 100.00 % fibonacci retracement of the last 0.36 $ move.
4- AES.MU current resistance level is at 9.31 which is the 61.80 % fibonacci retracement of the last 0.36 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
AES (AES.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 9.530 and 10.490, and is currently resisting at 9.472.
AES (AES.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 7.240 and 6.800, and is currently supporting at 8.932.
AES (AES.MU) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
AES (AES.MU) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 9.29, 9.31, 9.33, 9.35, 9.37, 9.39, 9.41, 9.45, 9.47, 9.53,.
Stock Support levels : 9.17, 9.07, 8.95,.