Today we will analyze the stock JERINI (JI4.DU) for internet stock trading in the DU stock market,
Stock Technical indicators to notice in JERINI (JI4.DU)
1- Last bearish trend was from 8.02 $ (9/28/2009) to 7.72 $ (10/16/2009) a 0.30 $ move 2- The current bullish trend started from 7.72 $ at 10/16/2009 and is currently trading at 8.01 $.
3- JI4.DU current support level is at 7.91 which is the 61.80 % fibonacci retracement of the last 0.30 $ move.
4- JI4.DU current resistance level is at 8.02 which is the 100.00 % fibonacci retracement of the last 0.30 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
JERINI (JI4.DU) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 8.020 .
7- The Stock formed a 0.330 $ height triangle.
JERINI (JI4.DU) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 6.910 and 1.760 that was broken down at 7.100 transforming into a resistance line.
JERINI (JI4.DU) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 6.910 and 1.760 that was broken down at 7.100 transforming into a resistance line.

Stock Trading Conclusion:
JERINI (JI4.DU) was trading in a bullish wave, which is becoming stronger .
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 : 8.02, 8.10, 8.10, 8.12, 8.14, 8.21, 13.01,.
Stock Support levels : 7.94, 7.91, 7.90, 7.87, 7.86, 7.83, 7.83, 7.79, 7.72,.