Today we will analyze the stock HELLENIC TELE (OTE) (OTE.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in HELLENIC TELE (OTE) (OTE.BE)
1- Last bullish trend was from 7.45 $ (4/5/2011) to 7.94 $ (4/7/2011) a 0.49 $ move 2- The current bearish trend started from 7.94 $ at 4/7/2011 and is currently trading at 7.59 $.
3- OTE.BE current support level is at 7.45 which is the 100.00 % fibonacci retracement of the last 0.49 $ move.
4- OTE.BE current resistance level is at 7.64 which is the 61.80 % fibonacci retracement of the last 0.49 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
HELLENIC TELE (OTE) (OTE.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 7.940 and 8.310, and is currently resisting at 7.834.
HELLENIC TELE (OTE) (OTE.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 7.450 and 7.050, and is currently supporting at 7.520.
HELLENIC TELE (OTE) (OTE.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 7.050 and 5.980 that was broken down at 7.590 transforming into a resistance line.

Stock Trading Conclusion:
HELLENIC TELE (OTE) (OTE.BE) was trading in a bullish 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 : 7.64, 7.67, 7.69, 7.72, 7.72, 7.75, 7.77, 7.81, 7.82, 7.83, 7.94,.
Stock Support levels : 7.52, 7.45, 7.32,.