Today we will analyze the stock FASTTV NET I07 (FATV-BTA.ST) for internet stock trading in the ST stock market,
Stock Technical indicators to notice in FASTTV NET I07 (FATV-BTA.ST)
1- Last bearish trend was from 0.40 $ (12/23/2009) to 0.36 $ (12/29/2009) a 0.04 $ move 2- The current bullish trend started from 0.36 $ at 12/29/2009 and is currently trading at 0.40 $.
3- FATV-BTA.ST current support level is at 0.40 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
4- FATV-BTA.ST current resistance level is at 0.41 which is the 127.20 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
FASTTV NET I07 (FATV-BTA.ST) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.400 .
7- The Stock formed a 0.050 $ height triangle.
FASTTV NET I07 (FATV-BTA.ST) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.400 .
9- The Stock formed a 0.050 $ height triangle.
FASTTV NET I07 (FATV-BTA.ST) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.400 .
11- The Stock formed a 0.050 $ height triangle.

Stock Trading Conclusion:
FASTTV NET I07 (FATV-BTA.ST) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 0.411, 0.425.
Stock Support levels : 0.391, 0.385, 0.380, 0.375, 0.369, 0.360,.