Today we will analyze the stock ISRAS INVESTMENT CO (ISRS.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in ISRAS INVESTMENT CO (ISRS.TA)
1- Last bullish trend was from 9,290.00 $ (4/2/2012) to 12,400.00 $ (4/30/2012) a 3,110.00 $ move 2- The current bearish trend started from 12,400.00 $ at 4/30/2012 and is currently trading at 11,830.00 $.
3- ISRS.TA current support level is at 11,666.04 which is the 23.60 % fibonacci retracement of the last 3,110.00 $ move.
4- ISRS.TA current resistance level is at 12,400.00 which is the 0.00 % fibonacci retracement of the last 3,110.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
ISRAS INVESTMENT CO (ISRS.TA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 9,290.000 and 8,940.000, and is currently supporting at 10,223.333.
ISRAS INVESTMENT CO (ISRS.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 4,372.720 $ height triangle which was broken up at 8,981.000 in higher than usual volume, target of the pattern is 13,353.720.
ISRAS INVESTMENT CO (ISRS.TA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 13,350.000 and 14,450.000 that was broken up at 9,167.470 transforming into a supporting line.

Stock Trading Conclusion:
ISRAS INVESTMENT CO (ISRS.TA) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 11,964.52, 12,047.74, 12,115.00, 12,182.26, 12,400.00, 13,353.72.
Stock Support levels : 11,666.04, 11,211.98, 10,845.00, 10,478.02, 10,223.33, 9,290.00, 8,444.08, 7,958.71, 7,368.02,.