Today we will analyze the stock SIXTY SPLIT CORP. CLASS’A'CAPIT (SXT.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in SIXTY SPLIT CORP. CLASS’A'CAPIT (SXT.TO)
1- Last bullish trend was from 19.20 $ (1/11/2011) to 22.01 $ (3/7/2011) a 2.81 $ move 2- The current bearish trend started from 22.01 $ at 3/7/2011 and is currently trading at 21.25 $.
3- SXT.TO current support level is at 20.94 which is the 38.20 % fibonacci retracement of the last 2.81 $ move.
4- SXT.TO current resistance level is at 21.35 which is the 23.60 % fibonacci retracement of the last 2.81 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
SIXTY SPLIT CORP. CLASS’A'CAPIT (SXT.TO) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 19.200 and 17.730, and is currently supporting at 20.948.
SIXTY SPLIT CORP. CLASS’A'CAPIT (SXT.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 16.620 and 17.320 that was broken up at 16.400 transforming into a supporting line.
SIXTY SPLIT CORP. CLASS’A'CAPIT (SXT.TO) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 17.320 and 17.490 that was broken up at 17.170 transforming into a supporting line.

Stock Trading Conclusion:
SIXTY SPLIT CORP. CLASS’A'CAPIT (SXT.TO) was trading in a 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 : 21.35, 21.43, 21.54, 21.63, 21.72, 22.01,.
Stock Support levels : 20.95, 20.94, 20.60, 20.27, 19.20, 18.44, 17.46, 16.84,.