Today we will analyze the stock C.MER INDUSTRIES (CMER.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in C.MER INDUSTRIES (CMER.TA)
1- Last bullish trend was from 3,319.00 $ (3/29/2012) to 3,741.00 $ (4/10/2012) a 422.00 $ move 2- The current bearish trend started from 3,741.00 $ at 4/10/2012 and is currently trading at 3,402.00 $.
3- CMER.TA current support level is at 3,319.00 which is the 100.00 % fibonacci retracement of the last 422.00 $ move.
4- CMER.TA current resistance level is at 3,480.20 which is the 61.80 % fibonacci retracement of the last 422.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
C.MER INDUSTRIES (CMER.TA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 3,319.000 and 3,189.000 that was broken down at 3,479.000 transforming into a resistance line.
C.MER INDUSTRIES (CMER.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3,741.000 and 3,994.000, and is currently resisting at 3,674.738.
C.MER INDUSTRIES (CMER.TA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 3,741.000 and 3,994.000, and is currently resisting at 3,674.738.

Stock Trading Conclusion:
C.MER INDUSTRIES (CMER.TA) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 3,480.20, 3,482.00, 3,530.00, 3,531.50, 3,540.00, 3,571.50, 3,579.80, 3,611.50, 3,641.41, 3,674.74, 3,741.00,.
Stock Support levels : 3,319.00, 3,204.22,.