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 bullish trend was from 3.25 $ (7/1/2010) to 3.65 $ (8/3/2010) a 0.40 $ move 2- The current bearish trend started from 3.65 $ at 8/3/2010 and is currently trading at 3.42 $.
3- AB1.DE current support level is at 3.40 which is the 61.80 % fibonacci retracement of the last 0.40 $ move.
4- AB1.DE current resistance level is at 3.45 which is the 50.00 % fibonacci retracement of the last 0.40 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
AIR BERLIN (AB1.DE) Short term stock chart patterns for internet stock trading :

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

6- The Stock traded in a bullish stock channel identifed by support at 3.250 and 3.210,resistance between 3.650 and 3.590, the stock channel is currently supported from below by 3.315 and resisted from above by 3.686.
AIR BERLIN (AB1.DE) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 1.140 $ height triangle which was broken up at 3.440, target of the pattern is 4.580.

Stock Trading Conclusion:
AIR BERLIN (AB1.DE) was trading in a 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 : 3.45, 3.47, 3.50, 3.51, 3.54, 3.56, 3.56, 3.65, 4.58.
Stock Support levels : 3.40, 3.25, 3.14, 3.00,.