Today we will analyze the stock WPP ADR (PAUA.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in WPP ADR (PAUA.BE)
1- Last bullish trend was from 41.88 $ (3/17/2011) to 44.58 $ (4/7/2011) a 2.70 $ move 2- The current bearish trend started from 44.58 $ at 4/7/2011 and is currently trading at 42.67 $.
3- PAUA.BE current support level is at 41.88 which is the 100.00 % fibonacci retracement of the last 2.70 $ move.
4- PAUA.BE current resistance level is at 42.91 which is the 61.80 % fibonacci retracement of the last 2.70 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
WPP ADR (PAUA.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 44.580 and 49.420, and is currently resisting at 44.221.
WPP ADR (PAUA.BE) Mid term stock chart patterns for internet stock trading :

None.
WPP ADR (PAUA.BE) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 37.170 and 35.040,resistance between 50.210 and 42.100 which was broken down at 44.630.

Stock Trading Conclusion:
WPP ADR (PAUA.BE) was trading in a bearish 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 : 42.91, 43.12, 43.23, 43.40, 43.55, 43.63, 43.85, 43.94, 44.22, 44.58, 46.65.
Stock Support levels : 41.88, 41.15,.