Today we will analyze the stock FRAGUS GROUP -B- (FRAG-B.ST) for internet stock trading in the ST stock market,
Stock Technical indicators to notice in FRAGUS GROUP -B- (FRAG-B.ST)
1- Last bullish trend was from 0.51 $ (9/1/2009) to 0.75 $ (9/4/2009) a 0.24 $ move 2- The current bearish trend started from 0.75 $ at 9/4/2009 and is currently trading at 0.65 $.
3- FRAG-B.ST current support level is at 0.63 which is the 50.00 % fibonacci retracement of the last 0.24 $ move.
4- FRAG-B.ST current resistance level is at 0.66 which is the 38.20 % fibonacci retracement of the last 0.24 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
FRAGUS GROUP -B- (FRAG-B.ST) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.510 and 0.610,resistance between 0.750 and 0.950, the stock channel is currently supported from below by 0.260 and resisted from above by 0.650.
FRAGUS GROUP -B- (FRAG-B.ST) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.510 and 0.610,resistance between 0.750 and 0.950, the stock channel is currently supported from below by 0.260 and resisted from above by 0.650.
FRAGUS GROUP -B- (FRAG-B.ST) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.750 and 0.950, and is currently resisting at 0.650.

Stock Trading Conclusion:
FRAGUS GROUP -B- (FRAG-B.ST) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.658, 0.674, 0.688, 0.693, 0.700, 0.712, 0.750,.
Stock Support levels : 0.630, 0.602, 0.510, 0.445,.