Today we will analyze the stock PIONEER NATURAL RES (PNK.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in PIONEER NATURAL RES (PNK.DE)
1- Last bullish trend was from 55.00 $ (11/8/2010) to 67.58 $ (12/20/2010) a 12.58 $ move 2- The current bearish trend started from 67.58 $ at 12/20/2010 and is currently trading at 62.77 $.
3- PNK.DE current support level is at 61.29 which is the 50.00 % fibonacci retracement of the last 12.58 $ move.
4- PNK.DE current resistance level is at 62.77 which is the 38.20 % fibonacci retracement of the last 12.58 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
PIONEER NATURAL RES (PNK.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 55.000 and 50.240, and is currently supporting at 57.040.
PIONEER NATURAL RES (PNK.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 55.000 and 50.240, and is currently supporting at 57.040.
PIONEER NATURAL RES (PNK.DE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 42.400 and 32.390, and is currently supporting at 49.249.

Stock Trading Conclusion:
PIONEER NATURAL RES (PNK.DE) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 62.77, 63.91, 64.61, 64.61, 65.18, 65.74, 67.58,.
Stock Support levels : 61.29, 59.81, 57.04, 55.00, 51.58, 50.24, 49.25, 47.23,.