Today we will analyze the stock Turners Auctions Limited Ordina (TUA.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in Turners Auctions Limited Ordina (TUA.NZ)
1- Last bearish trend was from 1.45 $ (1/19/2012) to 1.36 $ (1/24/2012) a 0.09 $ move 2- The current bullish trend started from 1.36 $ at 1/24/2012 and is currently trading at 1.44 $.
3- TUA.NZ current support level is at 1.42 which is the 61.80 % fibonacci retracement of the last 0.09 $ move.
4- TUA.NZ current resistance level is at 1.45 which is the 100.00 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
Turners Auctions Limited Ordina (TUA.NZ) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.360 and 1.340, and is currently supporting at 1.370.
Turners Auctions Limited Ordina (TUA.NZ) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 1.340 .
Turners Auctions Limited Ordina (TUA.NZ) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
Turners Auctions Limited Ordina (TUA.NZ) was trading in a bullish wave, which is becoming stronger .
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 : 1.45, 1.47, 1.51.
Stock Support levels : 1.42, 1.42, 1.41, 1.40, 1.40, 1.39, 1.39, 1.38, 1.37, 1.36, 1.34,.