Today we will analyze the stock GAZIT (PANAMA) (GZIT.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in GAZIT (PANAMA) (GZIT.TA)
1- Last bearish trend was from 7,870.00 $ (4/5/2012) to 7,432.00 $ (4/16/2012) a 438.00 $ move 2- The current bullish trend started from 7,432.00 $ at 4/16/2012 and is currently trading at 7,842.00 $.
3- GZIT.TA current support level is at 7,702.68 which is the 61.80 % fibonacci retracement of the last 438.00 $ move.
4- GZIT.TA current resistance level is at 7,870.00 which is the 100.00 % fibonacci retracement of the last 438.00 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
GAZIT (PANAMA) (GZIT.TA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 7,432.000 .
GAZIT (PANAMA) (GZIT.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 6,962.000 and 6,475.000, and is currently supporting at 7,462.914.
GAZIT (PANAMA) (GZIT.TA) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 1,733.000 $ height triangle which was broken up at 7,085.000, target of the pattern is 8,818.000.

Stock Trading Conclusion:
GAZIT (PANAMA) (GZIT.TA) was trading in a bullish 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 : 7,870.00, 7,989.14, 8,140.68, 8,818.00.
Stock Support levels : 7,745.24, 7,702.68, 7,685.38, 7,651.00, 7,637.00, 7,599.32, 7,588.62, 7,535.37, 7,462.91, 7,432.00, 7,426.86, 7,401.00,.