Today we will analyze the stock KVAERNELAND (KVE.OL) for internet stock trading in the OL stock market,
Stock Technical indicators to notice in KVAERNELAND (KVE.OL)
1- Last bullish trend was from 10.10 $ (4/27/2012) to 10.45 $ (5/3/2012) a 0.35 $ move 2- The current bearish trend started from 10.45 $ at 5/3/2012 and is currently trading at 10.10 $.
3- KVE.OL current support level is at 10.00 which is the 127.20 % fibonacci retracement of the last 0.35 $ move.
4- KVE.OL current resistance level is at 10.10 which is the 100.00 % fibonacci retracement of the last 0.35 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
KVAERNELAND (KVE.OL) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 10.450 .
7- The Stock formed a 0.500 $ height triangle which was broken down at 10.150, target of the pattern is 9.650.
KVAERNELAND (KVE.OL) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 5.700 and 5.000 that was broken down at 10.150 transforming into a resistance line.
KVAERNELAND (KVE.OL) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bullish stock channel identifed by support at 5.700 and 5.000,resistance between 6.600 and 5.750 which was broken down at 10.150.

Stock Trading Conclusion:
KVAERNELAND (KVE.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 : 10.18, 10.23, 10.25, 10.27, 10.32, 10.37, 10.42, 10.45, 10.47,.
Stock Support levels : 10.00, 10.00, 9.88,.