Today we will analyze the stock PHILIP MRRS INT (PMI.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in PHILIP MRRS INT (PMI.SW)
1- Last bearish trend was from 81.50 $ (4/27/2012) to 75.10 $ (4/30/2012) a 6.40 $ move 2- The current bullish trend started from 75.10 $ at 4/30/2012 and is currently trading at 79.80 $.
3- PMI.SW current support level is at 79.06 which is the 61.80 % fibonacci retracement of the last 6.40 $ move.
4- PMI.SW current resistance level is at 81.50 which is the 100.00 % fibonacci retracement of the last 6.40 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PHILIP MRRS INT (PMI.SW) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 81.500 and 82.000, and is currently resisting at 81.321.
PHILIP MRRS INT (PMI.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 75.100 and 73.100, and is currently supporting at 75.420.
PHILIP MRRS INT (PMI.SW) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 55.100 and 54.000, and is currently supporting at 56.496.

Stock Trading Conclusion:
PHILIP MRRS INT (PMI.SW) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 80.80, 81.32, 81.50, 83.24, 85.46.
Stock Support levels : 79.06, 78.69, 78.30, 78.00, 77.54, 77.45, 76.90, 76.61, 75.42, 75.10,.