Today we will analyze the stock THAI UNION FROZ -F- (THYF.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in THAI UNION FROZ -F- (THYF.MU)
1- Last bullish trend was from 1.70 $ (3/28/2012) to 1.93 $ (4/16/2012) a 0.23 $ move 2- The current bearish trend started from 1.93 $ at 4/16/2012 and is currently trading at 1.80 $.
3- THYF.MU current support level is at 1.79 which is the 61.80 % fibonacci retracement of the last 0.23 $ move.
4- THYF.MU current resistance level is at 1.82 which is the 50.00 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
THAI UNION FROZ -F- (THYF.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.700 and 1.600 that was broken down at 1.780 transforming into a resistance line.
THAI UNION FROZ -F- (THYF.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 1.600 and 1.100,resistance between 1.930 and 1.770, the stock channel is currently supported from below by 1.782 and resisted from above by 1.994.
THAI UNION FROZ -F- (THYF.MU) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.600 and 1.100, and is currently supporting at 1.782.

Stock Trading Conclusion:
THAI UNION FROZ -F- (THYF.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 : 1.82, 1.83, 1.84, 1.85, 1.87, 1.87, 1.88, 1.88, 1.93,.
Stock Support levels : 1.79, 1.78, 1.70, 1.64,.