Today we will analyze the stock Australia and New Zealand Banki (ANZ.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in Australia and New Zealand Banki (ANZ.NZ)
1- Last bearish trend was from 29.95 $ (3/29/2012) to 28.60 $ (4/13/2012) a 1.35 $ move 2- The current bullish trend started from 28.60 $ at 4/13/2012 and is currently trading at 29.60 $.
3- ANZ.NZ current support level is at 29.43 which is the 61.80 % fibonacci retracement of the last 1.35 $ move.
4- ANZ.NZ current resistance level is at 29.95 which is the 100.00 % fibonacci retracement of the last 1.35 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Australia and New Zealand Banki (ANZ.NZ) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 28.600 and 27.900, and is currently supporting at 29.077.
Australia and New Zealand Banki (ANZ.NZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 24.400 and 23.800, and is currently supporting at 25.873.
Australia and New Zealand Banki (ANZ.NZ) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 11.450 $ height triangle which was broken up at 27.030, target of the pattern is 38.480.

Stock Trading Conclusion:
Australia and New Zealand Banki (ANZ.NZ) was trading in a strong 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 : 29.95, 30.32, 30.78, 38.48.
Stock Support levels : 29.43, 29.36, 29.28, 29.22, 29.12, 29.10, 29.08, 28.98, 28.92, 28.60, 25.87,.