Today we will analyze the stock RAPAC ELECTRONICS (RPAC.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in RAPAC ELECTRONICS (RPAC.TA)
1- Last bearish trend was from 568.00 $ (3/28/2012) to 533.80 $ (4/11/2012) a 34.20 $ move 2- The current bullish trend started from 533.80 $ at 4/11/2012 and is currently trading at 588.00 $.
3- RPAC.TA current support level is at 577.30 which is the 127.20 % fibonacci retracement of the last 34.20 $ move.
4- RPAC.TA current resistance level is at 589.14 which is the 161.80 % fibonacci retracement of the last 34.20 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
RAPAC ELECTRONICS (RPAC.TA) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 199.600 $ height triangle which was broken up at 543.000, target of the pattern is 742.600 which was broken down at 588.000, target of the pattern is 388.400.
RAPAC ELECTRONICS (RPAC.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 298.700 $ height triangle which was broken up at 565.100, target of the pattern is 863.800 which was broken down at 588.000, target of the pattern is 289.300.
RAPAC ELECTRONICS (RPAC.TA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 750.000 and 799.000 that was broken up at 543.000 transforming into a supporting line.

Stock Trading Conclusion:
RAPAC ELECTRONICS (RPAC.TA) was trading in a bullish 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 : 588.80, 589.14, 742.60, 863.80.
Stock Support levels : 577.30, 575.21, 568.00, 567.30, 560.90, 554.94, 554.50, 550.90, 546.86, 541.87, 533.80, 493.39, 490.30, 474.40, 388.40,.