Today we will analyze the stock A.D.O GROUP LTD (ADO.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in A.D.O GROUP LTD (ADO.TA)
1- Last bullish trend was from 20.50 $ (12/26/2011) to 22.50 $ (1/31/2012) a 2.00 $ move 2- The current bearish trend started from 22.50 $ at 1/31/2012 and is currently trading at 21.80 $.
3- ADO.TA current support level is at 21.74 which is the 38.20 % fibonacci retracement of the last 2.00 $ move.
4- ADO.TA current resistance level is at 22.03 which is the 23.60 % fibonacci retracement of the last 2.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
A.D.O GROUP LTD (ADO.TA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 20.500 and 20.100 that was broken down at 21.400 transforming into a resistance line.
A.D.O GROUP LTD (ADO.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 5.600 $ height triangle which was broken up at 21.200, target of the pattern is 26.800 which was broken down at 21.400 in higher than usual volume, target of the pattern is 15.800.
A.D.O GROUP LTD (ADO.TA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 25.100 and 27.700 that was broken up at 21.000 transforming into a supporting line.

Stock Trading Conclusion:
A.D.O GROUP LTD (ADO.TA) was trading in a 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 : 21.97, 22.03, 22.03, 22.03, 22.07, 22.15, 22.23, 22.50, 26.80.
Stock Support levels : 21.74, 21.50, 21.26, 20.50, 19.96, 19.26, 17.47, 15.80,.