Today we will analyze the stock ELECTRA CONSUMER (ELEK.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in ELECTRA CONSUMER (ELEK.TA)
1- Last bearish trend was from 3,926.00 $ (5/16/2007) to 3,747.00 $ (5/24/2007) a 179.00 $ move 2- The current bullish trend started from 3,747.00 $ at 5/24/2007 and is currently trading at 4,339.00 $.
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.
ELECTRA CONSUMER (ELEK.TA) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 3,926.000 and 3,997.000 that was broken up at 4,197.000 transforming into a supporting line.
ELECTRA CONSUMER (ELEK.TA) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 3,747.000 and 2,911.000 that was broken down at 4,339.000 transforming into a resistance line.
ELECTRA CONSUMER (ELEK.TA) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
ELECTRA CONSUMER (ELEK.TA) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 5,526.87.
Stock Support levels : 4,199.29, 4,112.86, 4,043.00, 3,973.14, 3,747.00,.