Today we will analyze the stock MILOUMOR (MILO.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in MILOUMOR (MILO.TA)
1- Last bearish trend was from 43.80 $ (9/28/2010) to 37.50 $ (10/4/2010) a 6.30 $ move 2- The current bullish trend started from 37.50 $ at 10/4/2010 and is currently trading at 73.20 $.
3- 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.
MILOUMOR (MILO.TA) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 194.000 $ height triangle which was broken up at 73.200 in higher than usual volume, target of the pattern is 267.200.
MILOUMOR (MILO.TA) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 472.800 $ height triangle which was broken up at 73.200 in higher than usual volume, target of the pattern is 546.000.
MILOUMOR (MILO.TA) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 472.800 $ height triangle which was broken up at 73.200 in higher than usual volume, target of the pattern is 546.000.

Stock Trading Conclusion:
MILOUMOR (MILO.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 : 267.20, 546.00,.
Stock Support levels : 64.77, 59.56, 55.35, 51.14, 41.79, 38.83,.