Today we will analyze the stock GENDIS INC COM NPV (GDS.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in GENDIS INC COM NPV (GDS.TO)
1- Last bullish trend was from 3.27 $ (4/5/2012) to 3.54 $ (5/4/2012) a 0.27 $ move 2- The current bearish trend started from 3.54 $ at 5/4/2012 and is currently trading at 3.25 $.
3- GDS.TO current support level is at 3.20 which is the 127.20 % fibonacci retracement of the last 0.27 $ move.
4- GDS.TO current resistance level is at 3.27 which is the 100.00 % fibonacci retracement of the last 0.27 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
GENDIS INC COM NPV (GDS.TO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 3.270 that failed and formed a resistance.
GENDIS INC COM NPV (GDS.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 3.270 and 3.250 that was broken down at 3.250 transforming into a resistance line.
GENDIS INC COM NPV (GDS.TO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 2.140 and 2.100, and is currently supporting at 2.460.

Stock Trading Conclusion:
GENDIS INC COM NPV (GDS.TO) was trading in a 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 : 3.26, 3.27, 3.29, 3.32, 3.36, 3.37, 3.39, 3.40, 3.43, 3.44, 3.48, 3.54,.
Stock Support levels : 3.20, 3.10,.