Today we will analyze the stock AIR BERLIN (AB1.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in AIR BERLIN (AB1.DE)
1- Last bearish trend was from 2.59 $ (1/2/2012) to 2.31 $ (1/30/2012) a 0.28 $ move 2- The current bullish trend started from 2.31 $ at 1/30/2012 and is currently trading at 2.40 $.
3- AB1.DE current support level is at 2.38 which is the 23.60 % fibonacci retracement of the last 0.28 $ move.
4- AB1.DE current resistance level is at 2.42 which is the 38.20 % fibonacci retracement of the last 0.28 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
AIR BERLIN (AB1.DE) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 2.310 and 2.500,resistance between 2.590 and 2.670 which was broken up at 2.400 in higher than usual volume.
AIR BERLIN (AB1.DE) Mid term stock chart patterns for internet stock trading :

None.
AIR BERLIN (AB1.DE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
AIR BERLIN (AB1.DE) 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 : 2.42, 2.45, 2.48, 2.59, 2.67, 2.76.
Stock Support levels : 2.38, 2.38, 2.37, 2.36, 2.35, 2.34, 2.31,.