Today we will analyze the stock HELGELAND SPAREBANK (HELG.OL) for internet stock trading in the OL stock market,
Stock Technical indicators to notice in HELGELAND SPAREBANK (HELG.OL)
1- Last bearish trend was from 50.00 $ (2/14/2014) to 48.30 $ (2/26/2014) a 1.70 $ move 2- The current bullish trend started from 48.30 $ at 2/26/2014 and is currently trading at 50.00 $.
3- HELG.OL current support level is at 50.00 which is the 100.00 % fibonacci retracement of the last 1.70 $ move.
4- HELG.OL current resistance level is at 50.46 which is the 127.20 % fibonacci retracement of the last 1.70 $ move.
5- 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.
HELGELAND SPAREBANK (HELG.OL) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 48.300 and 45.000, and is currently supporting at 48.839.
HELGELAND SPAREBANK (HELG.OL) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 6.600 $ height triangle which was broken up at 37.900, target of the pattern is 44.500.
HELGELAND SPAREBANK (HELG.OL) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 35.400 and 34.300, and is currently supporting at 38.477.

Stock Trading Conclusion:
HELGELAND SPAREBANK (HELG.OL) 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 : 50.46, 51.05.
Stock Support levels : 49.60, 49.35, 49.15, 48.95, 48.84, 48.70, 48.30, 38.48,.