Today we will analyze the stock MATADOR PR EQ (MT4.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in MATADOR PR EQ (MT4.DE)
1- Last bearish trend was from 7.53 $ (1/5/2011) to 6.86 $ (1/12/2011) a 0.67 $ move 2- The current bullish trend started from 6.86 $ at 1/12/2011 and is currently trading at 7.10 $.
3- MT4.DE current support level is at 7.02 which is the 23.60 % fibonacci retracement of the last 0.67 $ move.
4- MT4.DE current resistance level is at 7.12 which is the 38.20 % fibonacci retracement of the last 0.67 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
MATADOR PR EQ (MT4.DE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 7.530 .
7- The Stock formed a 0.700 $ height triangle.
MATADOR PR EQ (MT4.DE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 7.530 .
9- The Stock formed a 2.950 $ height triangle.
MATADOR PR EQ (MT4.DE) Long term stock chart patterns for internet stock trading :

10- The Stock traded in a bullish stock channel identifed by support at 6.800 and 4.550,resistance between 7.500 and 5.550, the stock channel is currently supported from below by 6.902 and resisted from above by 7.644.

Stock Trading Conclusion:
MATADOR PR EQ (MT4.DE) was trading in a strong bearish wave, which is becoming weaker .
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 : 7.12, 7.20, 7.27, 7.53, 7.55, 7.71, 7.94.
Stock Support levels : 7.04, 7.02, 7.01, 6.98, 6.95, 6.86,.