Today we will analyze the stock FORSSTROM H.FR. -B- (FOHFB.ST) for internet stock trading in the ST stock market,
Stock Technical indicators to notice in FORSSTROM H.FR. -B- (FOHFB.ST)
1- Last bullish trend was from 8.00 $ (5/25/2009) to 9.25 $ (5/29/2009) a 1.25 $ move 2- The current bearish trend started from 9.25 $ at 5/29/2009 and is currently trading at 7.25 $.
3- FOHFB.ST current support level is at 7.23 which is the 161.80 % fibonacci retracement of the last 1.25 $ move.
4- FOHFB.ST current resistance level is at 7.66 which is the 127.20 % fibonacci retracement of the last 1.25 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
FORSSTROM H.FR. -B- (FOHFB.ST) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 8.000 and 7.150 that was broken down at 8.050 transforming into a resistance line.
FORSSTROM H.FR. -B- (FOHFB.ST) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 8.000 and 7.150 that was broken down at 8.050 transforming into a resistance line.
FORSSTROM H.FR. -B- (FOHFB.ST) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 8.000 and 7.150 that was broken down at 8.050 transforming into a resistance line.

Stock Trading Conclusion:
FORSSTROM H.FR. -B- (FOHFB.ST) was trading in a bearish 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 : 7.66, 7.72, 8.00, 8.01, 8.25, 8.48, 8.49, 8.63, 8.77, 8.95, 9.25, 11.40,.
Stock Support levels : 7.23.