Today we will analyze the stock MAROC TELECOM (MSPA.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in MAROC TELECOM (MSPA.MU)
1- Last bearish trend was from 13.02 $ (10/12/2011) to 12.33 $ (11/30/2011) a 0.69 $ move 2- The current bullish trend started from 12.33 $ at 11/30/2011 and is currently trading at 12.64 $.
3- MSPA.MU current support level is at 12.59 which is the 38.20 % fibonacci retracement of the last 0.69 $ move.
4- MSPA.MU current resistance level is at 12.68 which is the 50.00 % fibonacci retracement of the last 0.69 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
MAROC TELECOM (MSPA.MU) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 12.330 .
MAROC TELECOM (MSPA.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 11.130 $ height triangle which was broken up at 12.430, target of the pattern is 23.560 which was broken down at 12.700, target of the pattern is 1.570.
MAROC TELECOM (MSPA.MU) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 11.170 $ height triangle which was broken up at 12.660, target of the pattern is 23.830 which was broken down at 12.700, target of the pattern is 1.530.

Stock Trading Conclusion:
MAROC TELECOM (MSPA.MU) was trading in a bullish 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 : 12.68, 12.76, 13.02, 13.21, 13.45, 23.56, 23.83, 31.20,.
Stock Support levels : 12.59, 12.57, 12.52, 12.49, 12.49, 12.45, 12.33, 12.31, 12.30, 12.29, 11.97, 9.76, 1.57,.