Today we will analyze the stock VALORA HLDG N 2L (VALNE.SW) for internet stock trading in the SW stock market,
Stock Technical indicators to notice in VALORA HLDG N 2L (VALNE.SW)
1- Last bullish trend was from 149.00 $ (1/26/2009) to 181.00 $ (2/3/2009) a 32.00 $ move 2- The current bearish trend started from 181.00 $ at 2/3/2009 and is currently trading at 165.00 $.
3- VALNE.SW current support level is at 161.22 which is the 61.80 % fibonacci retracement of the last 32.00 $ move.
4- VALNE.SW current resistance level is at 165.00 which is the 50.00 % fibonacci retracement of the last 32.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
VALORA HLDG N 2L (VALNE.SW) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 149.000 and 145.000, and is currently supporting at 156.667.
VALORA HLDG N 2L (VALNE.SW) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 145.000 and 140.000, and is currently supporting at 164.444.
VALORA HLDG N 2L (VALNE.SW) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 38.500 $ height triangle which was broken up at 149.000, target of the pattern is 187.500.

Stock Trading Conclusion:
VALORA HLDG N 2L (VALNE.SW) was trading in a strong bearish 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 : 168.78, 171.11, 173.00, 173.45, 174.89, 181.00, 187.50.
Stock Support levels : 164.44, 161.22, 156.67, 149.00, 140.30, 129.22,.