Today we will analyze the stock SYNEX INTL COM NPV (SXI.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in SYNEX INTL COM NPV (SXI.TO)
1- Last bullish trend was from 0.45 $ (1/31/2012) to 0.52 $ (3/28/2012) a 0.07 $ move 2- The current bearish trend started from 0.52 $ at 3/28/2012 and is currently trading at 0.50 $.
3- SXI.TO current support level is at 0.49 which is the 38.20 % fibonacci retracement of the last 0.07 $ move.
4- SXI.TO current resistance level is at 0.50 which is the 23.60 % fibonacci retracement of the last 0.07 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
SYNEX INTL COM NPV (SXI.TO) Short term stock chart patterns for internet stock trading :

None.
SYNEX INTL COM NPV (SXI.TO) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.490 and 0.520 that was broken up at 0.500 transforming into a supporting line.
SYNEX INTL COM NPV (SXI.TO) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.450 and 0.400, and is currently supporting at 0.465.

Stock Trading Conclusion:
SYNEX INTL COM NPV (SXI.TO) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.503, 0.505, 0.508, 0.510, 0.512, 0.520,.
Stock Support levels : 0.493, 0.485, 0.477, 0.465, 0.462, 0.450, 0.431,.