Today we will analyze the stock STATOILHYDRO (DNQ.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in STATOILHYDRO (DNQ.DE)
1- Last bearish trend was from 20.55 $ (1/3/2012) to 19.08 $ (1/20/2012) a 1.47 $ move 2- The current bullish trend started from 19.08 $ at 1/20/2012 and is currently trading at 19.67 $.
3- DNQ.DE current support level is at 19.64 which is the 38.20 % fibonacci retracement of the last 1.47 $ move.
4- DNQ.DE current resistance level is at 19.81 which is the 50.00 % fibonacci retracement of the last 1.47 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
STATOILHYDRO (DNQ.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 19.080 and 18.820, and is currently supporting at 19.193.
STATOILHYDRO (DNQ.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 17.420 and 15.340,resistance between 20.550 and 19.150 which was broken down at 19.080 in higher than usual volume.
STATOILHYDRO (DNQ.DE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 6.130 $ height triangle which was broken up at 19.250, target of the pattern is 25.380.

Stock Trading Conclusion:
STATOILHYDRO (DNQ.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 : 19.81, 19.84, 19.99, 20.55, 20.95, 21.46, 25.38.
Stock Support levels : 19.64, 19.53, 19.44, 19.43, 19.38, 19.31, 19.19, 19.08,.