Today we will analyze the stock SWISSCOM AG ADS (SCMWY.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in SWISSCOM AG ADS (SCMWY.PK)
1- Last bearish trend was from 38.18 $ (4/2/2012) to 36.34 $ (4/9/2012) a 1.84 $ move 2- The current bullish trend started from 36.34 $ at 4/9/2012 and is currently trading at 38.95 $.
3- SCMWY.PK current support level is at 38.68 which is the 127.20 % fibonacci retracement of the last 1.84 $ move.
4- SCMWY.PK current resistance level is at 39.32 which is the 161.80 % fibonacci retracement of the last 1.84 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
SWISSCOM AG ADS (SCMWY.PK) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 36.340 and 35.620, and is currently supporting at 37.029.
SWISSCOM AG ADS (SCMWY.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 6.740 $ height triangle which was broken up at 38.550 in higher than usual volume, target of the pattern is 45.290.
SWISSCOM AG ADS (SCMWY.PK) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 33.000 and 31.100, and is currently supporting at 33.564.

Stock Trading Conclusion:
SWISSCOM AG ADS (SCMWY.PK) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 39.32, 45.29.
Stock Support levels : 38.68, 38.33, 38.18, 37.95, 37.67, 37.65, 37.48, 37.34, 37.26, 37.04, 37.03, 36.77, 36.34,.