Today we will analyze the stock FAST PARTNER (FPAR.ST) for internet stock trading in the ST stock market,
Stock Technical indicators to notice in FAST PARTNER (FPAR.ST)
1- Last bullish trend was from 51.25 $ (4/23/2012) to 54.50 $ (4/26/2012) a 3.25 $ move 2- The current bearish trend started from 54.50 $ at 4/26/2012 and is currently trading at 53.00 $.
3- FPAR.ST current support level is at 52.88 which is the 50.00 % fibonacci retracement of the last 3.25 $ move.
4- FPAR.ST current resistance level is at 53.26 which is the 38.20 % fibonacci retracement of the last 3.25 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
FAST PARTNER (FPAR.ST) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 54.500 and 55.000, and is currently resisting at 54.380.
FAST PARTNER (FPAR.ST) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 51.250 and 37.800,resistance between 55.000 and 41.000, the stock channel is currently supported from below by 52.414 and resisted from above by 59.568.
FAST PARTNER (FPAR.ST) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 49.610 and 50.000 that was broken up at 47.700 transforming into a supporting line.

Stock Trading Conclusion:
FAST PARTNER (FPAR.ST) was trading in a bearish wave, which is becoming weaker .
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 : 53.26, 53.35, 53.57, 53.73, 53.75, 53.93, 54.38, 54.50, 55.00,.
Stock Support levels : 52.88, 52.49, 51.25, 50.37, 49.24,.