Today we will analyze the stock CLAL FINANCE (CLFN.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in CLAL FINANCE (CLFN.TA)
1- Last bearish trend was from 443.90 $ (10/7/2010) to 418.00 $ (10/12/2010) a 25.90 $ move 2- The current bullish trend started from 418.00 $ at 10/12/2010 and is currently trading at 484.80 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CLAL FINANCE (CLFN.TA) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bullish stock channel identifed by support at 418.000 and 257.100,resistance between 443.900 and 266.500 which was broken down at 419.700.
CLAL FINANCE (CLFN.TA) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 54.200 $ height triangle which was broken up at 285.000 in higher than usual volume, target of the pattern is 339.200.
CLAL FINANCE (CLFN.TA) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 354.000 and 376.100 that was broken up at 358.000 transforming into a supporting line.

Stock Trading Conclusion:
CLAL FINANCE (CLFN.TA) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 1,050.11.
Stock Support levels : 469.04, 459.28, 451.40, 443.52, 418.00, 239.46,.