Today we will analyze the stock L’OREAL (ORA.AS) for internet stock trading in the AS stock market,
Stock Technical indicators to notice in L’OREAL (ORA.AS)
1- Last bearish trend was from 95.65 $ (1/31/2008) to 77.19 $ (5/23/2008) a 18.46 $ move 2- The current bullish trend started from 77.19 $ at 5/23/2008 and is currently trading at 95.65 $.
3- ORA.AS current support level is at 95.65 which is the 100.00 % fibonacci retracement of the last 18.46 $ move.
4- ORA.AS current resistance level is at 100.67 which is the 127.20 % fibonacci retracement of the last 18.46 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
L’OREAL (ORA.AS) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 95.650 and 97.100 that was broken up at 95.650 transforming into a supporting line.
L’OREAL (ORA.AS) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 95.650 and 97.100 that was broken up at 95.650 transforming into a supporting line.
L’OREAL (ORA.AS) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 95.650 and 97.100 that was broken up at 95.650 transforming into a supporting line.

Stock Trading Conclusion:
L’OREAL (ORA.AS) was trading in a strong bullish wave, which is becoming weaker .
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 : 100.67, 107.06.
Stock Support levels : 91.29, 88.60, 87.08, 86.42, 84.24, 81.55, 77.19,.