Today we will analyze the stock SEMICOM IND (SMCM.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in SEMICOM IND (SMCM.TA)
1- Last bearish trend was from 912.00 $ (1/18/2012) to 833.10 $ (3/19/2012) a 78.90 $ move 2- The current bullish trend started from 833.10 $ at 3/19/2012 and is currently trading at 850.00 $.
3- SMCM.TA current support level is at 833.10 which is the 0.00 % fibonacci retracement of the last 78.90 $ move.
4- SMCM.TA current resistance level is at 851.72 which is the 23.60 % fibonacci retracement of the last 78.90 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
SEMICOM IND (SMCM.TA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 833.100 and 820.000, and is currently supporting at 837.080.
SEMICOM IND (SMCM.TA) Mid term stock chart patterns for internet stock trading :

None.
SEMICOM IND (SMCM.TA) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 792.000 and 784.800, and is currently supporting at 804.369.

Stock Trading Conclusion:
SEMICOM IND (SMCM.TA) was trading in a strong bullish 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 : 851.72, 863.24, 872.55, 881.86, 912.00, 933.46, 960.76.
Stock Support levels : 846.01, 843.54, 841.55, 839.56, 837.08, 833.10,.