Today we will analyze the stock TRANSTEC N (TTC.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in TRANSTEC N (TTC.MU)
1- Last bullish trend was from 1.15 $ (4/26/2012) to 1.56 $ (4/27/2012) a 0.41 $ move 2- The current bearish trend started from 1.56 $ at 4/27/2012 and is currently trading at 1.33 $.
3- TTC.MU current support level is at 1.31 which is the 61.80 % fibonacci retracement of the last 0.41 $ move.
4- TTC.MU current resistance level is at 1.36 which is the 50.00 % fibonacci retracement of the last 0.41 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
TRANSTEC N (TTC.MU) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 1.150 .
TRANSTEC N (TTC.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.150 and 1.120, and is currently supporting at 1.161.
TRANSTEC N (TTC.MU) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
TRANSTEC N (TTC.MU) was trading in a bullish 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 : 1.36, 1.38, 1.40, 1.42, 1.44, 1.46, 1.47, 1.56,.
Stock Support levels : 1.31, 1.16, 1.15, 1.04,.