Today we will analyze the stock PROTEKTOR (PROINV.CO) for internet stock trading in the CO stock market,
Stock Technical indicators to notice in PROTEKTOR (PROINV.CO)
1- Last bearish trend was from 89,000.00 $ (10/12/2009) to 83,000.00 $ (10/14/2009) a 6,000.00 $ move 2- The current bullish trend started from 83,000.00 $ at 10/14/2009 and is currently trading at 89,200.00 $.
3- PROINV.CO current support level is at 89,000.00 which is the 100.00 % fibonacci retracement of the last 6,000.00 $ move.
4- PROINV.CO current resistance level is at 90,632.00 which is the 127.20 % fibonacci retracement of the last 6,000.00 $ move.
5- According to ADX Indicator, the trend is currently bearish,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.
PROTEKTOR (PROINV.CO) Short term stock chart patterns for internet stock trading :

None.
PROTEKTOR (PROINV.CO) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 83,000.000 and 54,700.000, and is currently supporting at 84,347.617.
PROTEKTOR (PROINV.CO) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 54,700.000 and 50,000.000, and is currently supporting at 65,666.664.

Stock Trading Conclusion:
PROTEKTOR (PROINV.CO) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 90,632.00, 92,708.00.
Stock Support levels : 89,000.00, 87,736.80, 86,831.60, 86,708.00, 86,100.00, 86,000.00, 85,368.40, 85,292.00, 84,416.00, 84,347.62, 83,000.00,.