Today we will analyze the stock MAINLAND RES (5MN.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in MAINLAND RES (5MN.DE)
1- Last bearish trend was from 0.60 $ (3/11/2011) to 0.38 $ (3/14/2011) a 0.22 $ move 2- The current bullish trend started from 0.38 $ at 3/14/2011 and is currently trading at 0.60 $.
3- 5MN.DE current support level is at 0.60 which is the 100.00 % fibonacci retracement of the last 0.22 $ move.
4- 5MN.DE current resistance level is at 0.66 which is the 127.20 % fibonacci retracement of the last 0.22 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
MAINLAND RES (5MN.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.600 and 0.720 that was broken up at 0.600 transforming into a supporting line.
MAINLAND RES (5MN.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.600 and 0.720 that was broken up at 0.600 transforming into a supporting line.
MAINLAND RES (5MN.DE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.600 and 0.720 that was broken up at 0.600 transforming into a supporting line.

Stock Trading Conclusion:
MAINLAND RES (5MN.DE) 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 : 0.660, 0.736.
Stock Support levels : 0.548, 0.540, 0.516, 0.490, 0.464, 0.432, 0.413, 0.380,.