Today we will analyze the stock TOSHIBA TEC (TECA.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in TOSHIBA TEC (TECA.MU)
1- Last bearish trend was from 0.06 $ (4/13/2012) to 0.06 $ (4/16/2012) a 0.00 $ move 2- The current bullish trend started from 0.06 $ at 4/16/2012 and is currently trading at 0.06 $.
3- TECA.MU current support level is at 0.06 which is the 100.00 % fibonacci retracement of the last 0.00 $ move.
4- TECA.MU current resistance level is at 0.06 which is the 127.20 % fibonacci retracement of the last 0.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
TOSHIBA TEC (TECA.MU) Short term stock chart patterns for internet stock trading :

None.
TOSHIBA TEC (TECA.MU) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.060 .
7- The Stock formed a 0.005 $ height triangle.
TOSHIBA TEC (TECA.MU) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 3.210 and 3.720, and is currently resisting at 1.610.

Stock Trading Conclusion:
TOSHIBA TEC (TECA.MU) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.061, 0.062, 1.610.
Stock Support levels : 0.059, 0.059, 0.058, 0.058, 0.057, 0.056,.