Today we will analyze the stock Wakefield Health Limited Ordina (WFD.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in Wakefield Health Limited Ordina (WFD.NZ)
1- Last bullish trend was from 4.70 $ (11/4/2011) to 4.96 $ (12/19/2011) a 0.26 $ move 2- The current bearish trend started from 4.96 $ at 12/19/2011 and is currently trading at 4.80 $.
3- WFD.NZ current support level is at 4.80 which is the 61.80 % fibonacci retracement of the last 0.26 $ move.
4- WFD.NZ current resistance level is at 4.83 which is the 50.00 % fibonacci retracement of the last 0.26 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
Wakefield Health Limited Ordina (WFD.NZ) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 4.700 .
Wakefield Health Limited Ordina (WFD.NZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 5.100 and 5.220 that was broken up at 4.800 transforming into a supporting line.
Wakefield Health Limited Ordina (WFD.NZ) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 5.050 and 6.840,resistance between 5.650 and 7.600 which was broken up at 4.780.

Stock Trading Conclusion:
Wakefield Health Limited Ordina (WFD.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 : 4.83, 4.84, 4.86, 4.86, 4.88, 4.90, 4.90, 4.96,.
Stock Support levels : 4.80, 4.77, 4.70, 4.63, 4.54,.