Today we will analyze the stock Exco Technology Ltd (XTC) for internet stock trading in the TSX stock market,
Stock Technical indicators to notice in Exco Technology Ltd (XTC)
1- Last bearish trend was from 800.46 $ (1/5/2010) to 723.10 $ (2/8/2010) a 77.36 $ move 2- The current bullish trend started from 723.10 $ at 2/8/2010 and is currently trading at 796.62 $.
3- XTC current support level is at 770.91 which is the 61.80 % fibonacci retracement of the last 77.36 $ move.
4- XTC current resistance level is at 800.46 which is the 100.00 % fibonacci retracement of the last 77.36 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
Exco Technology Ltd (XTC) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 723.100 and 631.990 that was broken down at 787.010 transforming into a resistance line.
Exco Technology Ltd (XTC) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 723.100 and 473.360,resistance between 800.460 and 583.250 which was broken down at 747.760.
Exco Technology Ltd (XTC) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 723.100 and 473.360 that was broken down at 747.760 transforming into a resistance line.

Stock Trading Conclusion:
Exco Technology Ltd (XTC) 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 : 800.46, 817.78, 821.50, 848.27, 873.51,.
Stock Support levels : 779.27, 770.91, 768.54, 761.78, 759.86, 752.65, 751.18, 741.36, 723.10,.