Today we will analyze the stock INTERCOSMA LTD (INCS.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in INTERCOSMA LTD (INCS.TA)
1- Last bullish trend was from 209.80 $ (8/10/2010) to 222.00 $ (9/6/2010) a 12.20 $ move 2- The current bearish trend started from 222.00 $ at 9/6/2010 and is currently trading at 206.20 $.
3- INCS.TA current support level is at 202.26 which is the 161.80 % fibonacci retracement of the last 12.20 $ move.
4- INCS.TA current resistance level is at 206.48 which is the 127.20 % fibonacci retracement of the last 12.20 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
INTERCOSMA LTD (INCS.TA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 222.000 and 225.000, and is currently resisting at 221.571.
INTERCOSMA LTD (INCS.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 269.900 and 324.000 that was broken up at 250.000 transforming into a supporting line.
INTERCOSMA LTD (INCS.TA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 269.900 and 324.000 that was broken up at 250.000 transforming into a supporting line.

Stock Trading Conclusion:
INTERCOSMA LTD (INCS.TA) was trading in a strong 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 : 206.48, 209.80, 209.93, 212.24, 214.10, 214.46, 215.90, 215.96, 217.34, 219.12, 221.57, 222.00,.
Stock Support levels : 202.26, 151.23,.