Today we will analyze the stock Swift Energy Company (SFY) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Swift Energy Company (SFY)
1- Last bullish trend was from 30.88 $ (1/13/2012) to 34.38 $ (1/25/2012) a 3.50 $ move 2- The current bearish trend started from 34.38 $ at 1/25/2012 and is currently trading at 32.21 $.
3- SFY current support level is at 30.88 which is the 100.00 % fibonacci retracement of the last 3.50 $ move.
4- SFY current resistance level is at 32.22 which is the 61.80 % fibonacci retracement of the last 3.50 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Swift Energy Company (SFY) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 30.880 and 29.720 that was broken down at 32.210 transforming into a resistance line.
Swift Energy Company (SFY) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 30.880 and 29.720 that was broken down at 32.210 transforming into a resistance line.
Swift Energy Company (SFY) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 8.510 $ height triangle which was broken up at 31.610 in higher than usual volume, target of the pattern is 40.120 which was broken down at 33.880 in higher than usual volume, target of the pattern is 25.370.

Stock Trading Conclusion:
Swift Energy Company (SFY) was trading in a bullish wave, which is becoming weaker .
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 : 32.22, 32.43, 32.63, 32.72, 33.04, 33.04, 33.29, 33.55, 33.55, 34.38, 35.21, 40.12.
Stock Support levels : 30.88, 29.93, 28.72, 28.71,.