Today we will analyze the stock JERINI (JI4.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in JERINI (JI4.BE)
1- Last bearish trend was from 8.01 $ (10/20/2009) to 7.63 $ (10/30/2009) a 0.38 $ move 2- The current bullish trend started from 7.63 $ at 10/30/2009 and is currently trading at 8.01 $.
3- JI4.BE current support level is at 8.01 which is the 100.00 % fibonacci retracement of the last 0.38 $ move.
4- JI4.BE current resistance level is at 8.11 which is the 127.20 % fibonacci retracement of the last 0.38 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
JERINI (JI4.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 8.010 and 8.120 that was broken up at 7.780 transforming into a supporting line.
JERINI (JI4.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 6.950 and 2.550 that was broken down at 7.100 transforming into a resistance line.
JERINI (JI4.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 1.610 $ height triangle which was broken up at 2.190, target of the pattern is 3.800 which was broken down at 7.680, target of the pattern is 6.070.

Stock Trading Conclusion:
JERINI (JI4.BE) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 8.11, 8.24, 8.44, 12.49.
Stock Support levels : 7.92, 7.86, 7.82, 7.78, 7.72, 7.63, 6.86, 6.07,.