Today we will analyze the stock RSA INSUR GRP (SUA1.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in RSA INSUR GRP (SUA1.MU)
1- Last bullish trend was from 1.27 $ (2/24/2012) to 1.41 $ (3/19/2012) a 0.14 $ move 2- The current bearish trend started from 1.41 $ at 3/19/2012 and is currently trading at 1.29 $.
3- SUA1.MU current support level is at 1.27 which is the 100.00 % fibonacci retracement of the last 0.14 $ move.
4- SUA1.MU current resistance level is at 1.32 which is the 61.80 % fibonacci retracement of the last 0.14 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
RSA INSUR GRP (SUA1.MU) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 1.270 .
RSA INSUR GRP (SUA1.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 1.270 and 1.200,resistance between 1.410 and 1.380 which was broken down at 1.300.
RSA INSUR GRP (SUA1.MU) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.410 and 1.740, and is currently resisting at 1.372.

Stock Trading Conclusion:
RSA INSUR GRP (SUA1.MU) was trading in a bearish wave, which is becoming weaker .
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 : 1.32, 1.32, 1.34, 1.34, 1.34, 1.35, 1.36, 1.36, 1.37, 1.38, 1.41,.
Stock Support levels : 1.27, 1.23,.