Today we will analyze the stock ISRAEL CHEMICALS (CHIM.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in ISRAEL CHEMICALS (CHIM.TA)
1- Last bullish trend was from 4,929.00 $ (12/29/2009) to 5,390.00 $ (1/7/2010) a 461.00 $ move 2- The current bearish trend started from 5,390.00 $ at 1/7/2010 and is currently trading at 4,990.00 $.
3- CHIM.TA current support level is at 4,929.00 which is the 100.00 % fibonacci retracement of the last 461.00 $ move.
4- CHIM.TA current resistance level is at 5,105.10 which is the 61.80 % fibonacci retracement of the last 461.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ISRAEL CHEMICALS (CHIM.TA) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 677.070 $ height triangle which was broken down at 4,990.000, target of the pattern is 4,312.930.
ISRAEL CHEMICALS (CHIM.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 677.070 $ height triangle which was broken down at 4,990.000, target of the pattern is 4,312.930.
ISRAEL CHEMICALS (CHIM.TA) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 4,929.000 and 4,253.000 that was broken down at 5,169.000 transforming into a resistance line.

Stock Trading Conclusion:
ISRAEL CHEMICALS (CHIM.TA) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 5,018.67, 5,084.40, 5,105.10, 5,142.80, 5,159.50, 5,190.00, 5,213.90, 5,237.20, 5,244.47, 5,281.20, 5,390.00,.
Stock Support levels : 4,929.00, 4,803.61, 4,644.10, 4,312.93,.