Today we will analyze the stock PROCTER and GAMBLE (PRG.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in PROCTER and GAMBLE (PRG.DE)
1- Last bullish trend was from 45.40 $ (10/28/2011) to 52.25 $ (1/9/2012) a 6.85 $ move 2- The current bearish trend started from 52.25 $ at 1/9/2012 and is currently trading at 48.54 $.
3- PRG.DE current support level is at 48.02 which is the 61.80 % fibonacci retracement of the last 6.85 $ move.
4- PRG.DE current resistance level is at 48.83 which is the 50.00 % fibonacci retracement of the last 6.85 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
PROCTER and GAMBLE (PRG.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 45.400 and 44.890, and is currently supporting at 46.808.
PROCTER and GAMBLE (PRG.DE) Mid term stock chart patterns for internet stock trading :

None.
PROCTER and GAMBLE (PRG.DE) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 41.690 and 42.730,resistance between 47.970 and 48.970 which was broken up at 46.620 in higher than usual volume.

Stock Trading Conclusion:
PROCTER and GAMBLE (PRG.DE) was trading in a strong bearish wave, which is becoming stronger .
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 : 48.83, 49.42, 49.63, 49.96, 50.40, 50.63, 50.83, 52.25,.
Stock Support levels : 48.02, 46.81, 45.74, 45.40, 43.54,.