Today we will analyze the stock Infratil Limited Ordinary Share (IFT.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in Infratil Limited Ordinary Share (IFT.NZ)
1- Last bearish trend was from 2.33 $ (1/20/2014) to 2.17 $ (2/12/2014) a 0.16 $ move 2- The current bullish trend started from 2.17 $ at 2/12/2014 and is currently trading at 2.23 $.
3- IFT.NZ current support level is at 2.21 which is the 23.60 % fibonacci retracement of the last 0.16 $ move.
4- IFT.NZ current resistance level is at 2.23 which is the 38.20 % fibonacci retracement of the last 0.16 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Infratil Limited Ordinary Share (IFT.NZ) Short term stock chart patterns for internet stock trading :

None.
Infratil Limited Ordinary Share (IFT.NZ) Mid term stock chart patterns for internet stock trading :

None.
Infratil Limited Ordinary Share (IFT.NZ) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.150 and 2.080 that was broken down at 2.210 transforming into a resistance line.

Stock Trading Conclusion:
Infratil Limited Ordinary Share (IFT.NZ) was trading in a bearish 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 : 2.23, 2.23, 2.24, 2.25, 2.27, 2.33, 2.37, 2.43.
Stock Support levels : 2.22, 2.21, 2.21, 2.20, 2.19, 2.17,.