Today we will analyze the stock SOPRA GROUP (OR8.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in SOPRA GROUP (OR8.BE)
1- Last bullish trend was from 69.15 $ (3/17/2011) to 79.10 $ (4/5/2011) a 9.95 $ move 2- The current bearish trend started from 79.10 $ at 4/5/2011 and is currently trading at 76.41 $.
3- OR8.BE current support level is at 75.30 which is the 38.20 % fibonacci retracement of the last 9.95 $ move.
4- OR8.BE current resistance level is at 76.75 which is the 23.60 % fibonacci retracement of the last 9.95 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
SOPRA GROUP (OR8.BE) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 69.150 and 52.340,resistance between 79.100 and 73.740, the stock channel is currently supported from below by 73.615 and resisted from above by 79.993.
SOPRA GROUP (OR8.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 69.150 and 52.340, and is currently supporting at 73.615.
SOPRA GROUP (OR8.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 52.340 and 51.100, and is currently supporting at 53.611.

Stock Trading Conclusion:
SOPRA GROUP (OR8.BE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 76.75, 77.04, 77.44, 77.76, 78.07, 79.10,.
Stock Support levels : 75.30, 74.13, 73.62, 72.95, 69.15, 66.44, 63.00,.