Today we will analyze the stock EQUITAL (EQTL.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in EQUITAL (EQTL.TA)
1- Last bearish trend was from 3,794.00 $ (4/10/2012) to 3,537.00 $ (4/23/2012) a 257.00 $ move 2- The current bullish trend started from 3,537.00 $ at 4/23/2012 and is currently trading at 3,607.00 $.
3- EQTL.TA current support level is at 3,597.65 which is the 23.60 % fibonacci retracement of the last 257.00 $ move.
4- EQTL.TA current resistance level is at 3,635.17 which is the 38.20 % fibonacci retracement of the last 257.00 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
EQUITAL (EQTL.TA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 3,537.000 and 3,497.000, and is currently supporting at 3,553.667.
EQUITAL (EQTL.TA) Mid term stock chart patterns for internet stock trading :

None.
EQUITAL (EQTL.TA) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3,547.000 and 3,641.000 that was broken up at 3,488.000 transforming into a supporting line.

Stock Trading Conclusion:
EQUITAL (EQTL.TA) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 3,635.17, 3,665.50, 3,695.83, 3,794.00, 3,863.90, 3,952.83.
Stock Support levels : 3,597.65, 3,590.48, 3,580.26, 3,572.00, 3,563.74, 3,553.67, 3,537.00, 3,470.00,.