Today we will analyze the stock BERLINER EFFEKTEN (BFV.DU) for internet stock trading in the DU stock market,
Stock Technical indicators to notice in BERLINER EFFEKTEN (BFV.DU)
1- Last bullish trend was from 4.10 $ (7/4/2008) to 4.61 $ (7/23/2008) a 0.51 $ move 2- The current bearish trend started from 4.61 $ at 7/23/2008 and is currently trading at 4.51 $.
3- BFV.DU current support level is at 4.49 which is the 23.60 % fibonacci retracement of the last 0.51 $ move.
4- BFV.DU current resistance level is at 4.61 which is the 0.00 % fibonacci retracement of the last 0.51 $ move.
5- According to ADX Indicator, the trend is currently strong 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.
BERLINER EFFEKTEN (BFV.DU) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 4.610 and 4.750 that was broken up at 4.510 transforming into a supporting line.
BERLINER EFFEKTEN (BFV.DU) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 5.130 and 5.270 that was broken up at 4.510 transforming into a supporting line.
BERLINER EFFEKTEN (BFV.DU) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 4.100 and 4.400,resistance between 5.650 and 5.800 which was broken up at 4.510.

Stock Trading Conclusion:
BERLINER EFFEKTEN (BFV.DU) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 4.53, 4.55, 4.56, 4.57, 4.61,.
Stock Support levels : 4.49, 4.42, 4.36, 4.29, 4.10, 4.09, 3.96, 3.78, 3.57,.