Today we will analyze the stock PIRONET NDH (PNG.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in PIRONET NDH (PNG.DE)
1- Last bearish trend was from 2.05 $ (1/25/2012) to 1.91 $ (1/27/2012) a 0.14 $ move 2- The current bullish trend started from 1.91 $ at 1/27/2012 and is currently trading at 2.10 $.
3- PNG.DE current support level is at 2.09 which is the 127.20 % fibonacci retracement of the last 0.14 $ move.
4- PNG.DE current resistance level is at 2.14 which is the 161.80 % fibonacci retracement of the last 0.14 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
PIRONET NDH (PNG.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.910 and 1.870, and is currently supporting at 1.943.
PIRONET NDH (PNG.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 1.910 and 1.800,resistance between 2.050 and 1.930, the stock channel is currently supported from below by 1.956 and resisted from above by 2.126.
PIRONET NDH (PNG.DE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.680 and 1.430, and is currently supporting at 1.730.

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

Stock Resistance Levels : 2.14.
Stock Support levels : 2.09, 2.06, 2.05, 2.03, 2.00, 2.00, 1.98, 1.98, 1.96, 1.94, 1.94, 1.91, 1.73,.