Today we will analyze the stock ACERGY (ACY.OL) for internet stock trading in the OL stock market,
Stock Technical indicators to notice in ACERGY (ACY.OL)
1- Last bearish trend was from 136.00 $ (12/6/2010) to 131.10 $ (12/10/2010) a 4.90 $ move 2- The current bullish trend started from 131.10 $ at 12/10/2010 and is currently trading at 152.50 $.
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.
ACERGY (ACY.OL) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 131.100 and 123.600, and is currently supporting at 147.038.
ACERGY (ACY.OL) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 123.600 and 110.000, and is currently supporting at 133.314.
ACERGY (ACY.OL) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 93.550 and 90.000, and is currently supporting at 106.898.

Stock Trading Conclusion:
ACERGY (ACY.OL) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 147.45, 147.04, 144.33, 141.80, 139.27, 133.31, 131.10,.