Today we will analyze the stock PIRELLI and C. (PIL.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in PIRELLI and C. (PIL.F)
1- Last bearish trend was from 9.10 $ (4/17/2012) to 8.40 $ (4/23/2012) a 0.70 $ move 2- The current bullish trend started from 8.40 $ at 4/23/2012 and is currently trading at 9.60 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PIRELLI and C. (PIL.F) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 8.400 .
PIRELLI and C. (PIL.F) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 8.400 .
6- The Stock formed a 0.730 $ height triangle which was broken up at 9.190 in higher than usual volume, target of the pattern is 9.920.
PIRELLI and C. (PIL.F) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 6.320 .
8- The Stock formed a 0.750 $ height triangle which was broken up at 6.960, target of the pattern is 7.710.

Stock Trading Conclusion:
PIRELLI and C. (PIL.F) was trading in a bullish wave, which is becoming stronger .
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 : 9.92.
Stock Support levels : 9.32, 9.14, 9.00, 8.99, 8.86, 8.73, 8.40, 8.36, 6.66,.