Today we will analyze the stock AEA TECHNOLOGY (AEY.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in AEA TECHNOLOGY (AEY.MU)
1- Last bullish trend was from 0.06 $ (10/8/2010) to 0.08 $ (10/20/2010) a 0.02 $ move 2- The current bearish trend started from 0.08 $ at 10/20/2010 and is currently trading at 0.07 $.
3- AEY.MU current support level is at 0.07 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
4- AEY.MU current resistance level is at 0.07 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
AEA TECHNOLOGY (AEY.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.080 and 0.210 that was broken up at 0.070 transforming into a supporting line.
AEA TECHNOLOGY (AEY.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.060 and 0.240,resistance between 0.080 and 0.260 which was broken up at 0.070.
AEA TECHNOLOGY (AEY.MU) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.080 and 0.270 that was broken up at 0.070 transforming into a supporting line.

Stock Trading Conclusion:
AEA TECHNOLOGY (AEY.MU) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.072, 0.074, 0.075, 0.075, 0.076, 0.080,.
Stock Support levels : 0.068, 0.065, 0.060, 0.060, 0.055, 0.048,.