Today we will analyze the stock TELEKOM AUSTRIA (TKA.VI) for internet stock trading in the VI stock market,
Stock Technical indicators to notice in TELEKOM AUSTRIA (TKA.VI)
1- Last bullish trend was from 8.37 $ (3/16/2012) to 8.80 $ (3/27/2012) a 0.43 $ move 2- The current bearish trend started from 8.80 $ at 3/27/2012 and is currently trading at 8.30 $.
3- TKA.VI current support level is at 8.25 which is the 127.20 % fibonacci retracement of the last 0.43 $ move.
4- TKA.VI current resistance level is at 8.37 which is the 100.00 % fibonacci retracement of the last 0.43 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
TELEKOM AUSTRIA (TKA.VI) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 8.800 and 8.880, and is currently resisting at 8.692.
TELEKOM AUSTRIA (TKA.VI) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 9.250 .
8- The Stock formed a 1.590 $ height triangle which was broken down at 9.040 in higher than usual volume, target of the pattern is 7.450.
TELEKOM AUSTRIA (TKA.VI) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bullish stock channel identifed by support at 7.700 and 6.880,resistance between 9.290 and 8.620 which was broken down at 8.730 in higher than usual volume.

Stock Trading Conclusion:
TELEKOM AUSTRIA (TKA.VI) 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 : 8.37, 8.42, 8.49, 8.53, 8.55, 8.59, 8.61, 8.64, 8.69, 8.70, 8.80, 9.08, 9.89, 11.64.
Stock Support levels : 8.25, 8.10,.