Today we will analyze the stock AKKA TECHNOLOGIES (AF5.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in AKKA TECHNOLOGIES (AF5.MU)
1- Last bearish trend was from 24.73 $ (4/16/2012) to 21.71 $ (4/24/2012) a 3.02 $ move 2- The current bullish trend started from 21.71 $ at 4/24/2012 and is currently trading at 24.75 $.
3- AF5.MU current support level is at 24.73 which is the 100.00 % fibonacci retracement of the last 3.02 $ move.
4- AF5.MU current resistance level is at 25.55 which is the 127.20 % fibonacci retracement of the last 3.02 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
AKKA TECHNOLOGIES (AF5.MU) Short term stock chart patterns for internet stock trading :

None.
AKKA TECHNOLOGIES (AF5.MU) Mid term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 21.710 and 15.010,resistance between 24.730 and 16.810, the stock channel is currently supported from below by 22.333 and resisted from above by 26.004.
AKKA TECHNOLOGIES (AF5.MU) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 21.710 and 15.010,resistance between 24.730 and 16.810, the stock channel is currently supported from below by 22.333 and resisted from above by 26.004.

Stock Trading Conclusion:
AKKA TECHNOLOGIES (AF5.MU) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 25.55, 26.60.
Stock Support levels : 24.73, 24.03, 23.59, 23.58, 23.23, 23.22, 22.87, 22.86, 22.42, 21.71,.