Today we will analyze the stock ELEKTROBIT (JOT.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in ELEKTROBIT (JOT.DE)
1- Last bearish trend was from 0.90 $ (1/10/2011) to 0.67 $ (1/11/2011) a 0.23 $ move 2- The current bullish trend started from 0.67 $ at 1/11/2011 and is currently trading at 0.97 $.
3- JOT.DE current support level is at 0.96 which is the 127.20 % fibonacci retracement of the last 0.23 $ move.
4- JOT.DE current resistance level is at 1.04 which is the 161.80 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
ELEKTROBIT (JOT.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.900 and 1.000 that was broken up at 0.970 transforming into a supporting line.
ELEKTROBIT (JOT.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.900 and 1.000 that was broken up at 0.970 transforming into a supporting line.
ELEKTROBIT (JOT.DE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.670 and 0.600, and is currently supporting at 0.924.

Stock Trading Conclusion:
ELEKTROBIT (JOT.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 : 1.042.
Stock Support levels : 0.963, 0.924, 0.900, 0.899, 0.855, 0.820, 0.812, 0.785, 0.785, 0.758, 0.724, 0.670, 0.244,.