Today we will analyze the stock WORLD FINL SPLIT CLASS’A'COM NP (WFS.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in WORLD FINL SPLIT CLASS’A'COM NP (WFS.TO)
1- Last bearish trend was from 1.19 $ (1/30/2012) to 1.10 $ (1/31/2012) a 0.09 $ move 2- The current bullish trend started from 1.10 $ at 1/31/2012 and is currently trading at 1.20 $.
3- WFS.TO current support level is at 1.19 which is the 100.00 % fibonacci retracement of the last 0.09 $ move.
4- WFS.TO current resistance level is at 1.21 which is the 127.20 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
WORLD FINL SPLIT CLASS’A'COM NP (WFS.TO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 1.190 that failed, and formed a support .
7- The Stock was supported by a support line, identified by two points: 1.100 and 1.080, and is currently supporting at 1.120.
WORLD FINL SPLIT CLASS’A'COM NP (WFS.TO) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 1.190 that failed, and formed a support .
9- The Stock was supported by a support line, identified by two points: 1.100 and 1.080, and is currently supporting at 1.120.
WORLD FINL SPLIT CLASS’A'COM NP (WFS.TO) Long term stock chart patterns for internet stock trading :

10- The Stock was supported by a support line, identified by two points: 1.080 and 0.810 that was broken down at 1.100 transforming into a resistance line.

Stock Trading Conclusion:
WORLD FINL SPLIT CLASS’A'COM NP (WFS.TO) was trading in a bullish 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 : 1.21, 1.25, 1.26.
Stock Support levels : 1.19, 1.18, 1.16, 1.16, 1.15, 1.14, 1.14, 1.13, 1.12, 1.12, 1.10,.