Today we will analyze the stock METALL ZUG PS (METP.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in METALL ZUG PS (METP.SW)
1- Last bearish trend was from 6,250.00 $ (5/7/2008) to 5,980.00 $ (5/13/2008) a 270.00 $ move 2- The current bullish trend started from 5,980.00 $ at 5/13/2008 and is currently trading at 6,235.00 $.
3- METP.SW current support level is at 6,146.86 which is the 61.80 % fibonacci retracement of the last 270.00 $ move.
4- METP.SW current resistance level is at 6,250.00 which is the 100.00 % fibonacci retracement of the last 270.00 $ 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.
METALL ZUG PS (METP.SW) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 5,980.000 $ and 6,250.000 $.

METALL ZUG PS (METP.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 2,200.000 $ height triangle which was broken up at 6,120.000, target of the pattern is 8,320.000.
METALL ZUG PS (METP.SW) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 7,675.000 and 8,010.000, and is currently resisting at 6,413.167.

Stock Trading Conclusion:
METALL ZUG PS (METP.SW) was trading in a bullish wave, which is becoming stronger .
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 : 6,250.00, 6,255.83, 6,323.44, 6,413.17, 6,416.86, 8,320.00.
Stock Support levels : 6,174.82, 6,146.86, 6,137.59, 6,115.00, 6,107.50, 6,083.14, 6,077.41, 6,043.72, 6,000.00, 5,980.00, 5,971.11,.