Today we will analyze the stock AMERICAN PLAST ORDS.ESC-A (APLA1.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in AMERICAN PLAST ORDS.ESC-A (APLA1.BA)
1- Last bullish trend was from 2.32 $ (5/5/2010) to 19.75 $ (11/26/2010) a 17.43 $ move 2- The current bearish trend started from 19.75 $ at 11/26/2010 and is currently trading at 2.90 $.
3- APLA1.BA current support level is at 2.32 which is the 100.00 % fibonacci retracement of the last 17.43 $ move.
4- APLA1.BA current resistance level is at 8.98 which is the 61.80 % fibonacci retracement of the last 17.43 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
AMERICAN PLAST ORDS.ESC-A (APLA1.BA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.320 and 1.500, and is currently supporting at 2.484.
AMERICAN PLAST ORDS.ESC-A (APLA1.BA) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.320 and 1.500, and is currently supporting at 2.484.
AMERICAN PLAST ORDS.ESC-A (APLA1.BA) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 2.320 and 1.500, and is currently supporting at 2.484.

Stock Trading Conclusion:
AMERICAN PLAST ORDS.ESC-A (APLA1.BA) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 6.88, 8.98, 9.34, 11.03, 11.33, 13.09, 13.31, 15.64, 19.75,.
Stock Support levels : 2.48, 2.32, -2.42,.