Today we will analyze the stock ILEX MEDICAL (ORSI.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in ILEX MEDICAL (ORSI.TA)
1- Last bearish trend was from 1,460.00 $ (4/5/2012) to 1,375.00 $ (4/11/2012) a 85.00 $ move 2- The current bullish trend started from 1,375.00 $ at 4/11/2012 and is currently trading at 1,419.00 $.
3- ORSI.TA current support level is at 1,417.50 which is the 50.00 % fibonacci retracement of the last 85.00 $ move.
4- ORSI.TA current resistance level is at 1,427.53 which is the 61.80 % fibonacci retracement of the last 85.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
ILEX MEDICAL (ORSI.TA) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 1,375.000 and 1,410.000,resistance between 1,460.000 and 1,541.000 which was broken up at 1,396.000 in higher than usual volume.
ILEX MEDICAL (ORSI.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1,541.000 and 1,981.000 that was broken up at 1,426.000 transforming into a supporting line.
ILEX MEDICAL (ORSI.TA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1,541.000 and 1,981.000 that was broken up at 1,426.000 transforming into a supporting line.

Stock Trading Conclusion:
ILEX MEDICAL (ORSI.TA) was trading in a strong bearish wave, which is becoming weaker .
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 : 1,427.53, 1,460.00, 1,483.12, 1,512.53.
Stock Support levels : 1,417.50, 1,408.62, 1,407.47, 1,402.19, 1,397.00, 1,395.06, 1,391.81, 1,375.00, 1,343.00, 1,101.00,.