WANDERER-WERKE (Berlin: WAN.BE) (ETR:WAN) Stock Research Trends Targets and Technical Analysis - Berlin stock exchange [en]

Today we will analyze the stock WANDERER-WERKE (WAN.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in WANDERER-WERKE (WAN.BE)
1- Last bullish trend was from 1.23 $ (3/3/2010) to 1.42 $ (3/8/2010) a 0.19 $ move 2- The current bearish trend started from 1.42 $ at 3/8/2010 and is currently trading at 1.25 $. 3- WAN.BE current support level is at 1.23 which is the 100.00 % fibonacci retracement of the last 0.19 $ move.
4- WAN.BE current resistance level is at 1.30 which is the 61.80 % fibonacci retracement of the last 0.19 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
WANDERER-WERKE (WAN.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 1.420 .
7- The Stock formed a 0.210 $ height triangle which was broken down at 1.250, target of the pattern is 1.040.
WANDERER-WERKE (WAN.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 1.420 .
9- The Stock formed a 0.210 $ height triangle which was broken down at 1.250, target of the pattern is 1.040.
WANDERER-WERKE (WAN.BE) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 1.420 .
11- The Stock formed a 0.210 $ height triangle which was broken down at 1.250, target of the pattern is 1.040.

Stock Trading Conclusion:
WANDERER-WERKE (WAN.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 : 1.29, 1.29, 1.30, 1.31, 1.33, 1.34, 1.35, 1.36, 1.38, 1.40, 1.42,.
Stock Support levels : 1.23, 1.18, 1.11, 1.04,.