Today we will analyze the stock Sanford Limited Ordinary Shares (SAN.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in Sanford Limited Ordinary Shares (SAN.NZ)
1- Last bearish trend was from 4.20 $ (4/16/2012) to 3.97 $ (4/19/2012) a 0.23 $ move 2- The current bullish trend started from 3.97 $ at 4/19/2012 and is currently trading at 4.05 $.
3- SAN.NZ current support level is at 4.02 which is the 23.60 % fibonacci retracement of the last 0.23 $ move.
4- SAN.NZ current resistance level is at 4.06 which is the 38.20 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Sanford Limited Ordinary Shares (SAN.NZ) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.400 $ height triangle which was broken down at 4.100 in higher than usual volume, target of the pattern is 3.700.
Sanford Limited Ordinary Shares (SAN.NZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.740 $ height triangle.
Sanford Limited Ordinary Shares (SAN.NZ) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 4.300 and 5.650 that was broken up at 4.100 transforming into a supporting line.

Stock Trading Conclusion:
Sanford Limited Ordinary Shares (SAN.NZ) was trading in a 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 : 4.06, 4.09, 4.11, 4.14, 4.20, 4.26, 4.34.
Stock Support levels : 4.03, 4.02, 4.02, 4.01, 4.00, 3.98, 3.97,.