Today we will analyze the stock SOLBAR INDUSTRIES (SLBR.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in SOLBAR INDUSTRIES (SLBR.TA)
1- Last bullish trend was from 665.00 $ (11/23/2011) to 1,519.00 $ (1/17/2012) a 854.00 $ move 2- The current bearish trend started from 1,519.00 $ at 1/17/2012 and is currently trading at 1,470.00 $.
3- SLBR.TA current support level is at 1,317.46 which is the 23.60 % fibonacci retracement of the last 854.00 $ move.
4- SLBR.TA current resistance level is at 1,519.00 which is the 0.00 % fibonacci retracement of the last 854.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
SOLBAR INDUSTRIES (SLBR.TA) Short term stock chart patterns for internet stock trading :

None.
SOLBAR INDUSTRIES (SLBR.TA) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 665.000 .
7- The Stock formed a 159.000 $ height triangle which was broken up at 1,335.000 in higher than usual volume, target of the pattern is 1,494.000.
SOLBAR INDUSTRIES (SLBR.TA) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 665.000 .
9- The Stock formed a 159.000 $ height triangle which was broken up at 1,335.000 in higher than usual volume, target of the pattern is 1,494.000.

Stock Trading Conclusion:
SOLBAR INDUSTRIES (SLBR.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 : 1,481.56, 1,488.72, 1,494.00, 1,494.50, 1,500.28, 1,519.00,.
Stock Support levels : 1,317.46, 1,192.77, 1,092.00, 991.23, 665.00, 663.79, 638.25, 432.71,.