Today we will analyze the stock PROGRESSNOW INV N (PRON.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in PROGRESSNOW INV N (PRON.SW)
1- Last bullish trend was from 5.01 $ (2/21/2014) to 5.21 $ (2/27/2014) a 0.20 $ move 2- The current bearish trend started from 5.21 $ at 2/27/2014 and is currently trading at 5.12 $.
3- PRON.SW current support level is at 5.11 which is the 50.00 % fibonacci retracement of the last 0.20 $ move.
4- PRON.SW current resistance level is at 5.13 which is the 38.20 % fibonacci retracement of the last 0.20 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PROGRESSNOW INV N (PRON.SW) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 5.010 and 5.700,resistance between 5.210 and 5.950 which was broken up at 5.120 in higher than usual volume.
PROGRESSNOW INV N (PRON.SW) Mid term stock chart patterns for internet stock trading :

None.
PROGRESSNOW INV N (PRON.SW) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 6.500 and 6.900, and is currently resisting at 6.079.

Stock Trading Conclusion:
PROGRESSNOW INV N (PRON.SW) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 5.13, 5.14, 5.15, 5.16, 5.16, 5.18, 5.21, 6.08.
Stock Support levels : 5.11, 5.09, 5.01, 4.96, 4.96,.