Today we will analyze the stock BLOM (BLO.OL) for internet stock trading in the OL stock market,
Stock Technical indicators to notice in BLOM (BLO.OL)
1- Last bearish trend was from 17.00 $ (2/26/2014) to 15.10 $ (2/28/2014) a 1.90 $ move 2- The current bullish trend started from 15.10 $ at 2/28/2014 and is currently trading at 16.30 $.
3- BLO.OL current support level is at 16.27 which is the 61.80 % fibonacci retracement of the last 1.90 $ move.
4- BLO.OL current resistance level is at 17.00 which is the 100.00 % fibonacci retracement of the last 1.90 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
BLOM (BLO.OL) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 15.100 and 14.300, and is currently supporting at 16.060.
BLOM (BLO.OL) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 15.100 and 14.300, and is currently supporting at 16.060.
BLOM (BLO.OL) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 14.300 and 10.200 that was broken down at 15.300 transforming into a resistance line.

Stock Trading Conclusion:
BLOM (BLO.OL) was trading in a strong bearish 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 : 16.81, 17.00, 17.52, 18.17.
Stock Support levels : 16.27, 16.06, 16.05, 16.02, 15.84, 15.83, 15.70, 15.56, 15.55, 15.10,.