Today we will analyze the stock GADOT BIOCHEMICALS (GDBC.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in GADOT BIOCHEMICALS (GDBC.TA)
1- Last bullish trend was from 405.00 $ (9/5/2011) to 430.00 $ (9/7/2011) a 25.00 $ move 2- The current bearish trend started from 430.00 $ at 9/7/2011 and is currently trading at 406.10 $.
3- GDBC.TA current support level is at 405.00 which is the 100.00 % fibonacci retracement of the last 25.00 $ move.
4- GDBC.TA current resistance level is at 414.55 which is the 61.80 % fibonacci retracement of the last 25.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
GADOT BIOCHEMICALS (GDBC.TA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 430.000 .
7- The Stock formed a 263.200 $ height triangle which was broken down at 406.300, target of the pattern is 143.100.
GADOT BIOCHEMICALS (GDBC.TA) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 405.000 and 168.300 that was broken down at 406.300 transforming into a resistance line.
GADOT BIOCHEMICALS (GDBC.TA) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 826.900 $ height triangle which was broken up at 181.300, target of the pattern is 1,008.200.

Stock Trading Conclusion:
GADOT BIOCHEMICALS (GDBC.TA) was trading in a strong bullish 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 : 411.74, 414.55, 415.23, 417.50, 418.05, 420.45, 420.87, 424.10, 426.50, 430.00, 760.05, 1,008.20.
Stock Support levels : 405.00, 398.20, 389.55, 143.10,.