Today we will analyze the stock AZOR INV and DEV CON (AZRM.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in AZOR INV and DEV CON (AZRM.TA)
1- Last bearish trend was from 418.60 $ (4/3/2012) to 357.10 $ (5/2/2012) a 61.50 $ move 2- The current bullish trend started from 357.10 $ at 5/2/2012 and is currently trading at 370.00 $.
3- AZRM.TA current support level is at 357.10 which is the 0.00 % fibonacci retracement of the last 61.50 $ move.
4- AZRM.TA current resistance level is at 371.61 which is the 23.60 % fibonacci retracement of the last 61.50 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
AZOR INV and DEV CON (AZRM.TA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 357.100 .
AZOR INV and DEV CON (AZRM.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 336.000 and 309.400 that was broken down at 407.100 transforming into a resistance line.
AZOR INV and DEV CON (AZRM.TA) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 336.000 and 309.400 that was broken down at 407.100 transforming into a resistance line.

Stock Trading Conclusion:
AZOR INV and DEV CON (AZRM.TA) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 371.61, 380.59, 387.85, 395.11, 418.60, 435.33, 452.38, 456.61.
Stock Support levels : 366.96, 365.07, 363.55, 362.03, 357.10,.