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 bearish trend was from 9.12 $ (2/28/2011) to 6.50 $ (3/31/2011) a 2.62 $ move 2- The current bullish trend started from 6.50 $ at 3/31/2011 and is currently trading at 6.69 $.
3- EUJ1.DE current support level is at 6.50 which is the 0.00 % fibonacci retracement of the last 2.62 $ move.
4- EUJ1.DE current resistance level is at 7.12 which is the 23.60 % fibonacci retracement of the last 2.62 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
EXIDE TECH (EUJ1.DE) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 6.500 $ and 9.120 $.

EXIDE TECH (EUJ1.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 6.500 $ and 9.120 $.

EXIDE TECH (EUJ1.DE) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 6.500 $ and 9.120 $.


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 no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 7.12, 7.50, 7.81, 8.12, 9.12, 9.17, 9.22, 9.26, 9.83, 10.74.
Stock Support levels : 6.65, 6.62, 6.60, 6.57, 6.50,.