Today we will analyze the stock Telecom Italia S.p.a. (TI) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Telecom Italia S.p.a. (TI)
1- Last bullish trend was from 10.52 $ (4/19/2012) to 11.53 $ (4/25/2012) a 1.01 $ move 2- The current bearish trend started from 11.53 $ at 4/25/2012 and is currently trading at 10.96 $.
3- TI current support level is at 10.91 which is the 61.80 % fibonacci retracement of the last 1.01 $ move.
4- TI current resistance level is at 11.02 which is the 50.00 % fibonacci retracement of the last 1.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Telecom Italia S.p.a. (TI) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 10.520 and 10.430, and is currently supporting at 10.835.
Telecom Italia S.p.a. (TI) Mid term stock chart patterns for internet stock trading :

None.
Telecom Italia S.p.a. (TI) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 10.430 and 10.170, and is currently supporting at 10.515.

Stock Trading Conclusion:
Telecom Italia S.p.a. (TI) 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 : 11.02, 11.09, 11.14, 11.18, 11.24, 11.29, 11.31, 11.53,.
Stock Support levels : 10.91, 10.84, 10.52, 10.52, 10.25,.