Today we will analyze the stock GPV INDUSTRI -A- (GPVA.CO) for internet stock trading in the CO stock market,
Stock Technical indicators to notice in GPV INDUSTRI -A- (GPVA.CO)
1- Last bullish trend was from 180.00 $ (3/12/2009) to 210.00 $ (3/17/2009) a 30.00 $ move 2- The current bearish trend started from 210.00 $ at 3/17/2009 and is currently trading at 200.00 $.
3- GPVA.CO current support level is at 198.54 which is the 38.20 % fibonacci retracement of the last 30.00 $ move.
4- GPVA.CO current resistance level is at 202.92 which is the 23.60 % fibonacci retracement of the last 30.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
GPV INDUSTRI -A- (GPVA.CO) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 210.000 .
GPV INDUSTRI -A- (GPVA.CO) Mid term stock chart patterns for internet stock trading :

None.
GPV INDUSTRI -A- (GPVA.CO) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 350.000 and 375.000, and is currently resisting at 335.313.

Stock Trading Conclusion:
GPV INDUSTRI -A- (GPVA.CO) was trading in a strong 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 : 202.36, 202.92, 203.82, 205.00, 206.18, 210.00, 335.31.
Stock Support levels : 198.54, 195.00, 191.46, 180.00, 171.84,.