Today we will analyze the stock IMP.Y EXP.PATAGONIA-ESCRI (PATA.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in IMP.Y EXP.PATAGONIA-ESCRI (PATA.BA)
1- Last bearish trend was from 30.50 $ (4/11/2012) to 26.00 $ (5/4/2012) a 4.50 $ move 2- The current bullish trend started from 26.00 $ at 5/4/2012 and is currently trading at 27.50 $.
3- PATA.BA current support level is at 27.06 which is the 23.60 % fibonacci retracement of the last 4.50 $ move.
4- PATA.BA current resistance level is at 27.72 which is the 38.20 % fibonacci retracement of the last 4.50 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
IMP.Y EXP.PATAGONIA-ESCRI (PATA.BA) Short term stock chart patterns for internet stock trading :

None.
IMP.Y EXP.PATAGONIA-ESCRI (PATA.BA) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 26.000 and 24.540 that was broken down at 29.500 transforming into a resistance line.
IMP.Y EXP.PATAGONIA-ESCRI (PATA.BA) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 26.000 and 24.540 that was broken down at 29.500 transforming into a resistance line.

Stock Trading Conclusion:
IMP.Y EXP.PATAGONIA-ESCRI (PATA.BA) 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 : 27.72, 28.25, 28.78, 30.47, 30.50, 31.72, 33.28.
Stock Support levels : 27.15, 27.06, 26.93, 26.75, 26.57, 26.00,.