Today we will analyze the stock DECKERS OUTDOOR (DO2.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in DECKERS OUTDOOR (DO2.DE)
1- Last bearish trend was from 65.22 $ (12/21/2010) to 52.02 $ (1/24/2011) a 13.20 $ move 2- The current bullish trend started from 52.02 $ at 1/24/2011 and is currently trading at 67.16 $.
3- DO2.DE current support level is at 65.22 which is the 100.00 % fibonacci retracement of the last 13.20 $ move.
4- DO2.DE current resistance level is at 68.81 which is the 127.20 % fibonacci retracement of the last 13.20 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
DECKERS OUTDOOR (DO2.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 52.020 and 38.500 that was broken down at 62.500 transforming into a resistance line.
DECKERS OUTDOOR (DO2.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 52.020 and 32.710 that was broken down at 62.500 transforming into a resistance line.
DECKERS OUTDOOR (DO2.DE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 104.640 $ height triangle which was broken up at 62.500, target of the pattern is 167.140 which was broken down at 62.500, target of the pattern is -42.140.

Stock Trading Conclusion:
DECKERS OUTDOOR (DO2.DE) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 68.81, 73.38, 94.93, 119.62, 167.14.
Stock Support levels : 65.22, 63.59, 61.38, 60.18, 59.59, 58.62, 57.80, 57.06, 55.14, 52.02, -14.12,.