Today we will analyze the stock Sky Network Television Limited (SKT.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in Sky Network Television Limited (SKT.NZ)
1- Last bearish trend was from 5.30 $ (3/16/2012) to 5.07 $ (3/23/2012) a 0.23 $ move 2- The current bullish trend started from 5.07 $ at 3/23/2012 and is currently trading at 5.57 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Sky Network Television Limited (SKT.NZ) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 5.070 and 5.000, and is currently supporting at 5.185.
Sky Network Television Limited (SKT.NZ) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 5.650 and 5.880 that was broken up at 5.330 transforming into a supporting line.
Sky Network Television Limited (SKT.NZ) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 5.650 and 5.880 that was broken up at 5.330 transforming into a supporting line.

Stock Trading Conclusion:
Sky Network Television Limited (SKT.NZ) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : .
Stock Support levels : 5.45, 5.38, 5.32, 5.26, 5.23, 5.19,.