Today we will analyze the stock NORTEL NETWORKS CP COM NPV (NT.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in NORTEL NETWORKS CP COM NPV (NT.TO)
1- Last bullish trend was from 0.19 $ (6/10/2009) to 0.20 $ (6/12/2009) a 0.01 $ move 2- The current bearish trend started from 0.20 $ at 6/12/2009 and is currently trading at 0.19 $.
3- NT.TO current support level is at 0.19 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- NT.TO current resistance level is at 0.19 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
NORTEL NETWORKS CP COM NPV (NT.TO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.200 .
7- The Stock formed a 0.040 $ height triangle which was broken down at 0.200, target of the pattern is 0.160.
NORTEL NETWORKS CP COM NPV (NT.TO) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.300 and 0.310 that was broken up at 0.190 transforming into a supporting line.
NORTEL NETWORKS CP COM NPV (NT.TO) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 0.300 and 0.310 that was broken up at 0.190 transforming into a supporting line.

Stock Trading Conclusion:
NORTEL NETWORKS CP COM NPV (NT.TO) was trading in a bearish wave, which is becoming weaker .
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 : 0.192, 0.194, 0.195, 0.196, 0.198, 0.200, 5.510.
Stock Support levels : 0.187, 0.184, 0.160, 0.036,.