Today we will analyze the stock RDF MEDIA GRP (FAZ.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in RDF MEDIA GRP (FAZ.BE)
1- Last bullish trend was from 1.19 $ (4/25/2008) to 1.66 $ (5/2/2008) a 0.47 $ move 2- The current bearish trend started from 1.66 $ at 5/2/2008 and is currently trading at 1.26 $.
3- FAZ.BE current support level is at 1.19 which is the 100.00 % fibonacci retracement of the last 0.47 $ move.
4- FAZ.BE current resistance level is at 1.37 which is the 61.80 % fibonacci retracement of the last 0.47 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, 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.
6- Bullish Divergance in MACD Indicator .
RDF MEDIA GRP (FAZ.BE) Short term stock chart patterns for internet stock trading :

None.
RDF MEDIA GRP (FAZ.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.660 and 1.700, and is currently resisting at 1.601.
RDF MEDIA GRP (FAZ.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.660 and 2.940 that was broken up at 1.260 transforming into a supporting line.

Stock Trading Conclusion:
RDF MEDIA GRP (FAZ.BE) was trading in a strong bearish 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 : 1.35, 1.37, 1.41, 1.42, 1.46, 1.48, 1.51, 1.55, 1.60, 1.66,.
Stock Support levels : 1.19, 1.06, 1.03,.