Today we will analyze the stock EL PASO (EPE.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in EL PASO (EPE.DE)
1- Last bearish trend was from 12.85 $ (4/20/2011) to 10.14 $ (5/6/2011) a 2.71 $ move 2- The current bullish trend started from 10.14 $ at 5/6/2011 and is currently trading at 14.15 $.
3- EPE.DE current support level is at 13.59 which is the 127.20 % fibonacci retracement of the last 2.71 $ move.
4- EPE.DE current resistance level is at 14.52 which is the 161.80 % fibonacci retracement of the last 2.71 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
EL PASO (EPE.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 10.140 and 8.200, and is currently supporting at 10.588.
EL PASO (EPE.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 10.140 and 8.200, and is currently supporting at 10.588.
EL PASO (EPE.DE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 10.140 and 8.200, and is currently supporting at 10.588.

Stock Trading Conclusion:
EL PASO (EPE.DE) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 14.52.
Stock Support levels : 13.59, 13.20, 12.85, 12.62, 12.15, 11.81, 11.67, 11.50, 11.18, 10.78, 10.59, 10.14,.