Today we will analyze the stock THE GOLD BD GRP (GOLD.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in THE GOLD BD GRP (GOLD.TA)
1- Last bullish trend was from 4,182.00 $ (12/28/2011) to 4,889.00 $ (1/18/2012) a 707.00 $ move 2- The current bearish trend started from 4,889.00 $ at 1/18/2012 and is currently trading at 4,650.00 $.
3- GOLD.TA current support level is at 4,618.93 which is the 38.20 % fibonacci retracement of the last 707.00 $ move.
4- GOLD.TA current resistance level is at 4,722.15 which is the 23.60 % fibonacci retracement of the last 707.00 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
THE GOLD BD GRP (GOLD.TA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 4,182.000 .
THE GOLD BD GRP (GOLD.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 4,664.000 and 4,845.000 that was broken up at 4,400.000 transforming into a supporting line.
THE GOLD BD GRP (GOLD.TA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 4,664.000 and 4,845.000 that was broken up at 4,400.000 transforming into a supporting line.

Stock Trading Conclusion:
THE GOLD BD GRP (GOLD.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 : 4,706.40, 4,722.15, 4,741.30, 4,769.50, 4,797.70, 4,889.00,.
Stock Support levels : 4,618.93, 4,535.50, 4,452.07, 4,386.00, 4,182.00, 4,181.83, 4,180.17, 4,178.50, 4,133.07, 3,989.70,.