Today we will analyze the stock SHUFERSAL -B- (SAE.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in SHUFERSAL -B- (SAE.TA)
1- Last bullish trend was from 1,220.00 $ (3/19/2012) to 1,377.00 $ (3/27/2012) a 157.00 $ move 2- The current bearish trend started from 1,377.00 $ at 3/27/2012 and is currently trading at 1,276.00 $.
3- SAE.TA current support level is at 1,220.00 which is the 100.00 % fibonacci retracement of the last 157.00 $ move.
4- SAE.TA current resistance level is at 1,279.97 which is the 61.80 % fibonacci retracement of the last 157.00 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
SHUFERSAL -B- (SAE.TA) Short term stock chart patterns for internet stock trading :

None.
SHUFERSAL -B- (SAE.TA) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1,377.000 and 1,464.000, and is currently resisting at 1,331.083.
SHUFERSAL -B- (SAE.TA) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1,464.000 and 1,759.000 that was broken up at 1,290.000 transforming into a supporting line.

Stock Trading Conclusion:
SHUFERSAL -B- (SAE.TA) was trading in a bearish wave, which is becoming stronger .
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 : 1,279.97, 1,298.50, 1,299.84, 1,314.58, 1,317.03, 1,326.50, 1,331.08, 1,338.42, 1,339.95, 1,377.00,.
Stock Support levels : 1,220.00, 1,177.30, 1,145.86,.