Today we will analyze the stock ROTEX (1980) (ROTX.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in ROTEX (1980) (ROTX.TA)
1- Last bullish trend was from 26.70 $ (3/21/2012) to 28.20 $ (4/5/2012) a 1.50 $ move 2- The current bearish trend started from 28.20 $ at 4/5/2012 and is currently trading at 26.20 $.
3- ROTX.TA current support level is at 25.77 which is the 161.80 % fibonacci retracement of the last 1.50 $ move.
4- ROTX.TA current resistance level is at 26.29 which is the 127.20 % fibonacci retracement of the last 1.50 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, 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.
ROTEX (1980) (ROTX.TA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 28.200 and 42.000 that was broken up at 26.200 transforming into a supporting line.
ROTEX (1980) (ROTX.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 34.400 and 22.900,resistance between 42.000 and 37.000 which was broken down at 37.300.
ROTEX (1980) (ROTX.TA) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 22.900 and 22.700, and is currently supporting at 23.180.

Stock Trading Conclusion:
ROTEX (1980) (ROTX.TA) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 26.29, 26.67, 26.70, 26.96, 27.20, 27.27, 27.44, 27.45, 27.63, 27.85, 28.20, 81.45.
Stock Support levels : 25.77, 23.18,.