Today we will analyze the stock ORDA PRINT 1 (ORDA-L.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in ORDA PRINT 1 (ORDA-L.TA)
1- Last bearish trend was from 5,200.00 $ (12/20/2011) to 4,928.00 $ (12/27/2011) a 272.00 $ move 2- The current bullish trend started from 4,928.00 $ at 12/27/2011 and is currently trading at 5,100.00 $.
3- ORDA-L.TA current support level is at 5,096.10 which is the 61.80 % fibonacci retracement of the last 272.00 $ move.
4- ORDA-L.TA current resistance level is at 5,200.00 which is the 100.00 % fibonacci retracement of the last 272.00 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
ORDA PRINT 1 (ORDA-L.TA) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 4,928.000 and 3,919.000,resistance between 5,200.000 and 4,180.000 which was broken down at 5,100.000.
ORDA PRINT 1 (ORDA-L.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 3,919.000 and 3,200.000, and is currently supporting at 4,814.984.
ORDA PRINT 1 (ORDA-L.TA) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 3,980.000 that failed, and formed a support .

Stock Trading Conclusion:
ORDA PRINT 1 (ORDA-L.TA) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 5,200.00, 5,273.98, 5,304.24, 5,368.10.
Stock Support levels : 5,096.10, 5,064.00, 5,059.41, 5,034.30, 5,031.90, 5,014.00, 4,993.70, 4,992.19, 4,928.00, 4,814.98,.