Today we will analyze the stock FIBER OPTIC SYSTEMS TECHNOLOGY (FOX.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in FIBER OPTIC SYSTEMS TECHNOLOGY (FOX.V)
1- Last bearish trend was from 0.05 $ (10/24/2011) to 0.04 $ (10/27/2011) a 0.01 $ move 2- The current bullish trend started from 0.04 $ at 10/27/2011 and is currently trading at 0.05 $.
3- FOX.V current support level is at 0.05 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- FOX.V current resistance level is at 0.05 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
FIBER OPTIC SYSTEMS TECHNOLOGY (FOX.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.050 .
7- The Stock formed a 0.020 $ height triangle.
FIBER OPTIC SYSTEMS TECHNOLOGY (FOX.V) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.050 .
9- The Stock formed a 0.020 $ height triangle.
FIBER OPTIC SYSTEMS TECHNOLOGY (FOX.V) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.050 .
11- The Stock formed a 0.020 $ height triangle.

Stock Trading Conclusion:
FIBER OPTIC SYSTEMS TECHNOLOGY (FOX.V) was trading in a bearish wave, which is becoming stronger .
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 : 0.053, 0.056.
Stock Support levels : 0.048, 0.046, 0.045, 0.044, 0.042, 0.040,.