Today we will analyze the stock UNION BK ISRAEL 1 (UNON.TA) for internet stock trading in the TA stock market,
Stock Technical indicators to notice in UNION BK ISRAEL 1 (UNON.TA)
1- Last bearish trend was from 1,392.00 $ (3/27/2012) to 1,303.00 $ (4/16/2012) a 89.00 $ move 2- The current bullish trend started from 1,303.00 $ at 4/16/2012 and is currently trading at 1,330.00 $.
3- UNON.TA current support level is at 1,324.00 which is the 23.60 % fibonacci retracement of the last 89.00 $ move.
4- UNON.TA current resistance level is at 1,337.00 which is the 38.20 % fibonacci retracement of the last 89.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
UNION BK ISRAEL 1 (UNON.TA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 1,392.000 .
UNION BK ISRAEL 1 (UNON.TA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 1,077.000 .
UNION BK ISRAEL 1 (UNON.TA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1,215.000 and 1,423.000 that was broken up at 1,175.000 transforming into a supporting line.

Stock Trading Conclusion:
UNION BK ISRAEL 1 (UNON.TA) was trading in a 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 : 1,337.00, 1,347.50, 1,358.00, 1,392.00, 1,394.25, 1,396.75, 1,416.21, 1,447.00.
Stock Support levels : 1,324.00, 1,323.63, 1,319.69, 1,316.50, 1,313.31, 1,303.00, 1,082.00,.