Today we will analyze the stock EXIDE TECH (EUJ1.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in EXIDE TECH (EUJ1.DE)
1- Last bullish trend was from 3.90 $ (2/12/2010) to 4.30 $ (2/22/2010) a 0.40 $ move 2- The current bearish trend started from 4.30 $ at 2/22/2010 and is currently trading at 2.20 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
4- Bullish Divergance in MACD Indicator .
EXIDE TECH (EUJ1.DE) Short term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 4.300 and 6.000 that was broken up at 2.200 transforming into a supporting line.
EXIDE TECH (EUJ1.DE) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 4.300 and 6.000 that was broken up at 2.200 transforming into a supporting line.
EXIDE TECH (EUJ1.DE) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 4.300 and 6.000 that was broken up at 2.200 transforming into a supporting line.

Stock Trading Conclusion:
EXIDE TECH (EUJ1.DE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , 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 : 2.70, 3.00, 3.25, 3.50, 4.30.
Stock Support levels : -23.47,.