Today we will analyze the stock RTL GROUP (AUO.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in RTL GROUP (AUO.MU)
1- Last bearish trend was from 74.18 $ (4/23/2012) to 70.95 $ (4/24/2012) a 3.23 $ move 2- The current bullish trend started from 70.95 $ at 4/24/2012 and is currently trading at 71.88 $.
3- AUO.MU current support level is at 71.71 which is the 23.60 % fibonacci retracement of the last 3.23 $ move.
4- AUO.MU current resistance level is at 72.18 which is the 38.20 % fibonacci retracement of the last 3.23 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
RTL GROUP (AUO.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 70.950 and 64.100 that was broken down at 72.100 transforming into a resistance line.
RTL GROUP (AUO.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 64.100 and 61.890,resistance between 69.370 and 66.780 which was broken up at 74.180.
RTL GROUP (AUO.MU) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 26.490 $ height triangle which was broken up at 63.560 in higher than usual volume, target of the pattern is 90.050 which was broken down at 70.950, target of the pattern is 44.460.

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

Stock Resistance Levels : 72.18, 72.57, 72.95, 74.18, 75.06, 75.10, 76.18, 76.43, 90.05.
Stock Support levels : 71.71, 71.66, 71.52, 71.41, 71.31, 70.95, 70.25, 65.58, 60.46,.