Today we will analyze the stock QUICKFOOD B 1 V (PATY.BA) for internet stock trading in the BA stock market,
Stock Technical indicators to notice in QUICKFOOD B 1 V (PATY.BA)
1- Last bearish trend was from 9.10 $ (5/2/2012) to 8.70 $ (5/3/2012) a 0.40 $ move 2- The current bullish trend started from 8.70 $ at 5/3/2012 and is currently trading at 8.80 $.
3- PATY.BA current support level is at 8.79 which is the 23.60 % fibonacci retracement of the last 0.40 $ move.
4- PATY.BA current resistance level is at 8.85 which is the 38.20 % fibonacci retracement of the last 0.40 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
QUICKFOOD B 1 V (PATY.BA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 9.100 and 10.500 that was broken up at 8.800 transforming into a supporting line.
QUICKFOOD B 1 V (PATY.BA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 10.500 .
8- The Stock formed a 1.050 $ height triangle which was broken down at 9.800, target of the pattern is 8.750.
QUICKFOOD B 1 V (PATY.BA) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Top Pattern at 10.500 .

Stock Trading Conclusion:
QUICKFOOD B 1 V (PATY.BA) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 8.85, 8.90, 8.95, 9.10, 9.21, 9.35, 10.44, 10.50, 10.50.
Stock Support levels : 8.79, 8.78, 8.76, 8.75, 8.74, 8.73, 8.70,.