Today we will analyze the stock GENERIC SWEDEN (GENI.ST) for internet stock trading in the ST stock market,
Stock Technical indicators to notice in GENERIC SWEDEN (GENI.ST)
1- Last bullish trend was from 6.30 $ (3/28/2011) to 6.75 $ (4/4/2011) a 0.45 $ move 2- The current bearish trend started from 6.75 $ at 4/4/2011 and is currently trading at 6.50 $.
3- GENI.ST current support level is at 6.47 which is the 61.80 % fibonacci retracement of the last 0.45 $ move.
4- GENI.ST current resistance level is at 6.53 which is the 50.00 % fibonacci retracement of the last 0.45 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
GENERIC SWEDEN (GENI.ST) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 6.300 and 6.250, and is currently supporting at 6.356.
GENERIC SWEDEN (GENI.ST) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 6.750 and 7.600 that was broken up at 6.600 transforming into a supporting line.
GENERIC SWEDEN (GENI.ST) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 5.150 and 4.300 that was broken down at 6.850 transforming into a resistance line.

Stock Trading Conclusion:
GENERIC SWEDEN (GENI.ST) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 6.53, 6.56, 6.58, 6.60, 6.63, 6.64, 6.65, 6.75, 8.55.
Stock Support levels : 6.47, 6.36, 6.30, 6.18, 6.02,.