Today we will analyze the stock ALLOKTON -B- (ALOK-B.ST) for internet stock trading in the ST stock market,
Stock Technical indicators to notice in ALLOKTON -B- (ALOK-B.ST)
1- Last bullish trend was from 0.44 $ (4/6/2011) to 0.52 $ (4/7/2011) a 0.08 $ move 2- The current bearish trend started from 0.52 $ at 4/7/2011 and is currently trading at 0.48 $.
3- ALOK-B.ST current support level is at 0.47 which is the 61.80 % fibonacci retracement of the last 0.08 $ move.
4- ALOK-B.ST current resistance level is at 0.48 which is the 50.00 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
ALLOKTON -B- (ALOK-B.ST) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.440 and 0.430, and is currently supporting at 0.447.
ALLOKTON -B- (ALOK-B.ST) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.440 and 0.430, and is currently supporting at 0.447.
ALLOKTON -B- (ALOK-B.ST) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 0.430 .
10- The Stock formed a 0.100 $ height triangle which was broken up at 0.520 in higher than usual volume, target of the pattern is 0.620.

Stock Trading Conclusion:
ALLOKTON -B- (ALOK-B.ST) was trading in a bullish wave, which is becoming weaker .
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 : 0.489, 0.495, 0.500, 0.501, 0.505, 0.520, 0.620.
Stock Support levels : 0.471, 0.449, 0.447, 0.440, 0.430, 0.418,.