Today we will analyze the stock RAETIA ENERGIE (RE.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in RAETIA ENERGIE (RE.SW)
1- Last bearish trend was from 463.00 $ (5/6/2010) to 422.00 $ (5/19/2010) a 41.00 $ move 2- The current bullish trend started from 422.00 $ at 5/19/2010 and is currently trading at 438.00 $.
3- RE.SW current support level is at 437.66 which is the 38.20 % fibonacci retracement of the last 41.00 $ move.
4- RE.SW current resistance level is at 442.50 which is the 50.00 % fibonacci retracement of the last 41.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
RAETIA ENERGIE (RE.SW) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 463.000 .
RAETIA ENERGIE (RE.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 463.000 and 475.000, and is currently resisting at 453.000.
RAETIA ENERGIE (RE.SW) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 456.500 that failed and formed a resistance.
9- The Stock formed a 63.000 $ height triangle which was broken down at 455.000, target of the pattern is 392.000.

Stock Trading Conclusion:
RAETIA ENERGIE (RE.SW) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 442.50, 447.34, 453.00, 457.31, 461.00, 463.00, 474.15, 488.34.
Stock Support levels : 437.66, 434.22, 431.89, 431.68, 430.00, 428.11, 422.00,.