Today we will analyze the stock PIRELLI and C.RNC (PIL1.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in PIRELLI and C.RNC (PIL1.F)
1- Last bearish trend was from 0.46 $ (7/14/2010) to 0.44 $ (7/19/2010) a 0.02 $ move 2- The current bullish trend started from 0.44 $ at 7/19/2010 and is currently trading at 0.48 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PIRELLI and C.RNC (PIL1.F) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.440 .
5- The Stock formed Double Top Pattern at 0.460 that failed, and formed a support .
PIRELLI and C.RNC (PIL1.F) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.490 and 0.500 that was broken up at 0.440 transforming into a supporting line.
PIRELLI and C.RNC (PIL1.F) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.500 and 0.510 that was broken up at 0.480 transforming into a supporting line.

Stock Trading Conclusion:
PIRELLI and C.RNC (PIL1.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 : .
Stock Support levels : 0.471, 0.465, 0.460, 0.460, 0.455, 0.450, 0.440,.