Today we will analyze the stock Tim Hortons Inc. (THI) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Tim Hortons Inc. (THI)
1- Last bearish trend was from 48.78 $ (12/27/2011) to 46.85 $ (1/9/2012) a 1.93 $ move 2- The current bullish trend started from 46.85 $ at 1/9/2012 and is currently trading at 49.06 $.
3- THI current support level is at 48.78 which is the 100.00 % fibonacci retracement of the last 1.93 $ move.
4- THI current resistance level is at 49.30 which is the 127.20 % fibonacci retracement of the last 1.93 $ move.
5- According to ADX Indicator, the trend is currently bullish, 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.
Tim Hortons Inc. (THI) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 46.850 .
7- The Stock formed a 4.330 $ height triangle which was broken up at 47.740 in higher than usual volume, target of the pattern is 52.070.
Tim Hortons Inc. (THI) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 45.390 and 42.160,resistance between 51.200 and 48.650 which was broken down at 48.200 in higher than usual volume.
Tim Hortons Inc. (THI) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 49.270 and 50.230 that was broken up at 47.860 transforming into a supporting line.

Stock Trading Conclusion:
Tim Hortons Inc. (THI) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 49.30, 49.97, 52.07, 52.43.
Stock Support levels : 48.78, 48.54, 48.22, 48.04, 47.96, 47.81, 47.69, 47.59, 47.31, 46.85, 46.84, 46.84, 45.40,.