Today we will analyze the stock SKANDITEK INDUSTRI (STEK.ST) for internet stock trading in the ST stock market,
Stock Technical indicators to notice in SKANDITEK INDUSTRI (STEK.ST)
1- Last bearish trend was from 21.00 $ (10/14/2009) to 18.30 $ (12/21/2009) a 2.70 $ move 2- The current bullish trend started from 18.30 $ at 12/21/2009 and is currently trading at 21.50 $.
3- STEK.ST current support level is at 21.00 which is the 100.00 % fibonacci retracement of the last 2.70 $ move.
4- STEK.ST current resistance level is at 21.73 which is the 127.20 % fibonacci retracement of the last 2.70 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
SKANDITEK INDUSTRI (STEK.ST) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 21.000 that failed, and formed a support .
SKANDITEK INDUSTRI (STEK.ST) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 21.000 that failed, and formed a support .
SKANDITEK INDUSTRI (STEK.ST) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 21.000 that failed, and formed a support .

Stock Trading Conclusion:
SKANDITEK INDUSTRI (STEK.ST) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 21.73, 22.67.
Stock Support levels : 21.00, 20.74, 20.28, 19.97, 19.90, 19.65, 19.52, 19.33, 18.94, 18.30,.