Today we will analyze the stock PIONEER (PIO.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in PIONEER (PIO.DE)
1- Last bullish trend was from 2.51 $ (4/29/2011) to 3.19 $ (5/12/2011) a 0.68 $ move 2- The current bearish trend started from 3.19 $ at 5/12/2011 and is currently trading at 2.82 $.
3- PIO.DE current support level is at 2.77 which is the 61.80 % fibonacci retracement of the last 0.68 $ move.
4- PIO.DE current resistance level is at 2.85 which is the 50.00 % fibonacci retracement of the last 0.68 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PIONEER (PIO.DE) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 2.510 $ and 3.190 $.

PIONEER (PIO.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 2.510 $ and 3.190 $.

PIONEER (PIO.DE) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 2.510 $ and 3.190 $.


Stock Trading Conclusion:
PIONEER (PIO.DE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 2.85, 2.91, 2.93, 2.96, 3.01, 3.03, 3.05, 3.18, 3.19, 3.19,.
Stock Support levels : 2.77, 2.51, 2.33,.