Today we will analyze the stock Mcclatchy Company (the) (MNI) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Mcclatchy Company (the) (MNI)
1- Last bullish trend was from 2.39 $ (1/17/2012) to 2.49 $ (1/26/2012) a 0.10 $ move 2- The current bearish trend started from 2.49 $ at 1/26/2012 and is currently trading at 2.37 $.
3- MNI current support level is at 2.36 which is the 127.20 % fibonacci retracement of the last 0.10 $ move.
4- MNI current resistance level is at 2.39 which is the 100.00 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
Mcclatchy Company (the) (MNI) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.390 and 2.280 that was broken down at 2.410 transforming into a resistance line.
Mcclatchy Company (the) (MNI) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 2.100 and 1.720 that was broken down at 2.170 transforming into a resistance line.
Mcclatchy Company (the) (MNI) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 2.100 and 1.720 that was broken down at 2.170 transforming into a resistance line.

Stock Trading Conclusion:
Mcclatchy Company (the) (MNI) was trading in a strong bullish 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 : 2.39, 2.40, 2.42, 2.43, 2.43, 2.44, 2.44, 2.45, 2.47, 2.49, 2.51, 5.33,.
Stock Support levels : 2.36,.