Today we will analyze the stock ING CANADA INC COM NPV (IIC.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in ING CANADA INC COM NPV (IIC.TO)
1- Last bullish trend was from 34.44 $ (5/1/2009) to 37.20 $ (5/8/2009) a 2.76 $ move 2- The current bearish trend started from 37.20 $ at 5/8/2009 and is currently trading at 34.35 $.
3- IIC.TO current support level is at 33.69 which is the 127.20 % fibonacci retracement of the last 2.76 $ move.
4- IIC.TO current resistance level is at 34.44 which is the 100.00 % fibonacci retracement of the last 2.76 $ move.
5- According to ADX Indicator, the trend is currently bearish, 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.
ING CANADA INC COM NPV (IIC.TO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 34.440 and 33.030 that was broken down at 33.820 transforming into a resistance line.
ING CANADA INC COM NPV (IIC.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 33.030 and 30.350 that was broken down at 33.820 transforming into a resistance line.
ING CANADA INC COM NPV (IIC.TO) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 33.030 and 26.420 that was broken down at 34.070 transforming into a resistance line.

Stock Trading Conclusion:
ING CANADA INC COM NPV (IIC.TO) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 34.44, 35.02, 35.32, 35.44, 35.49, 35.71, 35.78, 35.82, 36.11, 36.15, 36.55, 37.20, 38.40.
Stock Support levels : 33.69,.