Today we will analyze the stock HI-MEDIA (HIM.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in HI-MEDIA (HIM.PA)
1- Last bearish trend was from 2.30 $ (2/13/2014) to 2.14 $ (2/25/2014) a 0.16 $ move 2- The current bullish trend started from 2.14 $ at 2/25/2014 and is currently trading at 2.35 $.
3- HIM.PA current support level is at 2.34 which is the 127.20 % fibonacci retracement of the last 0.16 $ move.
4- HIM.PA current resistance level is at 2.40 which is the 161.80 % fibonacci retracement of the last 0.16 $ 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.
HI-MEDIA (HIM.PA) Short term stock chart patterns for internet stock trading :

None.
HI-MEDIA (HIM.PA) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.140 and 2.030, and is currently supporting at 2.185.
HI-MEDIA (HIM.PA) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 0.540 $ height triangle which was broken up at 1.970 in higher than usual volume, target of the pattern is 2.510.

Stock Trading Conclusion:
HI-MEDIA (HIM.PA) 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 : 2.40, 2.51.
Stock Support levels : 2.34, 2.30, 2.30, 2.27, 2.24, 2.24, 2.22, 2.22, 2.20, 2.19, 2.18, 2.14,.