Today we will analyze the stock SHAW COMM NV-B (SWC.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in SHAW COMM NV-B (SWC.MU)
1- Last bullish trend was from 14.98 $ (4/24/2012) to 15.57 $ (5/2/2012) a 0.59 $ move 2- The current bearish trend started from 15.57 $ at 5/2/2012 and is currently trading at 15.04 $.
3- SWC.MU current support level is at 14.98 which is the 100.00 % fibonacci retracement of the last 0.59 $ move.
4- SWC.MU current resistance level is at 15.21 which is the 61.80 % fibonacci retracement of the last 0.59 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SHAW COMM NV-B (SWC.MU) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.340 $ height triangle.
SHAW COMM NV-B (SWC.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 14.860 and 14.060 that was broken down at 15.120 transforming into a resistance line.
SHAW COMM NV-B (SWC.MU) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 14.060 .
9- The Stock formed a 2.050 $ height triangle.

Stock Trading Conclusion:
SHAW COMM NV-B (SWC.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 : 15.17, 15.21, 15.24, 15.27, 15.31, 15.34, 15.37, 15.43, 15.57, 15.68.
Stock Support levels : 14.98, 14.82, 14.62,.