Today we will analyze the stock Taylor Capital Group (TAYC) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Taylor Capital Group (TAYC)
1- Last bullish trend was from 13.77 $ (4/23/2012) to 14.96 $ (5/2/2012) a 1.19 $ move 2- The current bearish trend started from 14.96 $ at 5/2/2012 and is currently trading at 14.49 $.
3- TAYC current support level is at 14.36 which is the 50.00 % fibonacci retracement of the last 1.19 $ move.
4- TAYC current resistance level is at 14.51 which is the 38.20 % fibonacci retracement of the last 1.19 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Taylor Capital Group (TAYC) Short term stock chart patterns for internet stock trading :

None.
Taylor Capital Group (TAYC) Mid term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 13.640 and 12.820,resistance between 14.700 and 13.650, the stock channel is currently supported from below by 14.358 and resisted from above by 15.710.
Taylor Capital Group (TAYC) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 7.690 and 5.700, and is currently supporting at 11.265.

Stock Trading Conclusion:
Taylor Capital Group (TAYC) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 14.51, 14.60, 14.67, 14.68, 14.73, 14.78, 14.96,.
Stock Support levels : 14.36, 14.22, 13.77, 13.45, 13.03,.