Today we will analyze the stock NORMAN (NORMAN.OL) for internet stock trading in the OL stock market,
Stock Technical indicators to notice in NORMAN (NORMAN.OL)
1- Last bearish trend was from 26.90 $ (6/5/2009) to 25.00 $ (6/8/2009) a 1.90 $ move 2- The current bullish trend started from 25.00 $ at 6/8/2009 and is currently trading at 28.00 $.
3- NORMAN.OL current support level is at 27.42 which is the 127.20 % fibonacci retracement of the last 1.90 $ move.
4- NORMAN.OL current resistance level is at 28.07 which is the 161.80 % fibonacci retracement of the last 1.90 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
NORMAN (NORMAN.OL) Short term stock chart patterns for internet stock trading :

None.
NORMAN (NORMAN.OL) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 25.000 and 24.100 that was broken down at 28.000 transforming into a resistance line.
NORMAN (NORMAN.OL) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 5.600 $ height triangle which was broken up at 26.100 in higher than usual volume, target of the pattern is 31.700 which was broken down at 28.500, target of the pattern is 22.900.

Stock Trading Conclusion:
NORMAN (NORMAN.OL) was trading in a strong bullish wave, which is becoming stronger .
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 : 28.07, 31.70, 36.59, 61.84.
Stock Support levels : 27.42, 27.29, 26.90, 26.85, 26.50, 26.17, 26.15, 25.95, 25.73, 25.45, 25.00, 22.90,.