Today we will analyze the stock Taylor Capital Group (TAYCP) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Taylor Capital Group (TAYCP)
1- Last bearish trend was from 22.57 $ (10/27/2011) to 21.67 $ (12/16/2011) a 0.90 $ move 2- The current bullish trend started from 21.67 $ at 12/16/2011 and is currently trading at 25.05 $.
3- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Taylor Capital Group (TAYCP) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 21.670 and 17.410 that was broken down at 22.450 transforming into a resistance line.
Taylor Capital Group (TAYCP) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 16.900 and 17.060,resistance between 19.250 and 19.440 which was broken up at 21.550 in higher than usual volume.
Taylor Capital Group (TAYCP) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 19.250 and 20.260 that was broken up at 21.550 transforming into a supporting line.

Stock Trading Conclusion:
Taylor Capital Group (TAYCP) 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 : 30.37.
Stock Support levels : 24.25, 23.76, 23.36, 22.96, 21.67, 18.36,.