Today we will analyze the stock DANONE (DAN.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in DANONE (DAN.SW)
1- Last bearish trend was from 65.35 $ (4/25/2012) to 62.60 $ (4/26/2012) a 2.75 $ move 2- The current bullish trend started from 62.60 $ at 4/26/2012 and is currently trading at 64.80 $.
3- DAN.SW current support level is at 64.30 which is the 61.80 % fibonacci retracement of the last 2.75 $ move.
4- DAN.SW current resistance level is at 65.35 which is the 100.00 % fibonacci retracement of the last 2.75 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
DANONE (DAN.SW) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 62.600 $ and 65.350 $.

DANONE (DAN.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 59.200 and 55.050, and is currently supporting at 60.397.
DANONE (DAN.SW) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 13.500 $ height triangle which was broken up at 57.000 in higher than usual volume, target of the pattern is 70.500 which was broken down at 62.550 in higher than usual volume, target of the pattern is 49.050.

Stock Trading Conclusion:
DANONE (DAN.SW) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 65.35, 65.42, 66.10, 67.05, 68.66, 70.50.
Stock Support levels : 64.30, 64.28, 63.97, 63.96, 63.70, 63.65, 63.44, 63.25, 62.60, 60.40, 60.00, 50.33,.