Today we will analyze the stock TITANIUM METALS (TIU1.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in TITANIUM METALS (TIU1.MU)
1- Last bullish trend was from 11.16 $ (12/20/2011) to 12.76 $ (1/20/2012) a 1.60 $ move 2- The current bearish trend started from 12.76 $ at 1/20/2012 and is currently trading at 11.91 $.
3- TIU1.MU current support level is at 11.77 which is the 61.80 % fibonacci retracement of the last 1.60 $ move.
4- TIU1.MU current resistance level is at 11.96 which is the 50.00 % fibonacci retracement of the last 1.60 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
TITANIUM METALS (TIU1.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 11.160 and 10.560 that was broken down at 12.090 transforming into a resistance line.
TITANIUM METALS (TIU1.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 11.160 and 10.560 that was broken down at 12.090 transforming into a resistance line.
TITANIUM METALS (TIU1.MU) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 1.950 $ height triangle which was broken up at 11.910, target of the pattern is 13.860 which was broken down at 12.090, target of the pattern is 10.140.

Stock Trading Conclusion:
TITANIUM METALS (TIU1.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 : 11.96, 12.11, 12.15, 12.23, 12.29, 12.34, 12.38, 12.44, 12.76, 13.86.
Stock Support levels : 11.91, 11.77, 11.16, 10.72, 10.17,.