Today we will analyze the stock International Paper Company (IP) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in International Paper Company (IP)
1- Last bullish trend was from 32.30 $ (4/23/2012) to 33.85 $ (4/27/2012) a 1.55 $ move 2- The current bearish trend started from 33.85 $ at 4/27/2012 and is currently trading at 31.35 $.
3- IP current support level is at 31.34 which is the 161.80 % fibonacci retracement of the last 1.55 $ move.
4- IP current resistance level is at 31.88 which is the 127.20 % fibonacci retracement of the last 1.55 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
International Paper Company (IP) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 5.600 $ height triangle which was broken down at 32.130, target of the pattern is 26.530.
International Paper Company (IP) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 27.040 and 25.370,resistance between 36.290 and 28.830 which was broken down at 35.050.
International Paper Company (IP) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 25.370 and 22.260,resistance between 36.290 and 28.830 which was broken down at 32.670 in higher than usual volume.

Stock Trading Conclusion:
International Paper Company (IP) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 31.88, 31.94, 32.30, 32.31, 32.60, 32.68, 32.89, 32.90, 33.07, 33.26, 33.48, 33.85, 34.95, 40.01.
Stock Support levels : 31.34,.