Today we will analyze the stock Groupe Aeroplan Inc. (AER.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in Groupe Aeroplan Inc. (AER.TO)
1- Last bullish trend was from 11.20 $ (9/22/2011) to 11.93 $ (9/30/2011) a 0.73 $ move 2- The current bearish trend started from 11.93 $ at 9/30/2011 and is currently trading at 10.97 $.
3- AER.TO current support level is at 10.75 which is the 161.80 % fibonacci retracement of the last 0.73 $ move.
4- AER.TO current resistance level is at 11.00 which is the 127.20 % fibonacci retracement of the last 0.73 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
Groupe Aeroplan Inc. (AER.TO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 11.930 .
Groupe Aeroplan Inc. (AER.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 11.930 and 13.560, and is currently resisting at 11.779.
Groupe Aeroplan Inc. (AER.TO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 5.410 $ height triangle which was broken down at 12.870 in higher than usual volume, target of the pattern is 7.460.

Stock Trading Conclusion:
Groupe Aeroplan Inc. (AER.TO) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 11.00, 11.20, 11.20, 11.34, 11.45, 11.48, 11.56, 11.57, 11.65, 11.76, 11.78, 11.90, 11.93, 11.95, 14.01.
Stock Support levels : 10.75,.