Today we will analyze the stock SIKA (SIK.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in SIKA (SIK.DE)
1- Last bearish trend was from 1,648.30 $ (1/11/2011) to 1,558.09 $ (1/24/2011) a 90.21 $ move 2- The current bullish trend started from 1,558.09 $ at 1/24/2011 and is currently trading at 1,718.00 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
SIKA (SIK.DE) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 1,648.300 that failed, and formed a support .
5- The Stock was resisted by a resistance line, identified by two points: 1,648.300 and 1,648.850 that was broken up at 1,714.900 transforming into a supporting line.
SIKA (SIK.DE) Mid term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 1,470.750 and 1,401.000,resistance between 1,600.000 and 1,515.000 which was broken down at 1,633.000.
SIKA (SIK.DE) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 840.000 and 468.000 that was broken down at 1,590.000 transforming into a resistance line.

Stock Trading Conclusion:
SIKA (SIK.DE) was trading in a strong bullish wave, which is becoming stronger .
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 : 2,306.12, 2,307.75.
Stock Support levels : 1,680.26, 1,656.91, 1,647.92, 1,647.50, 1,638.04, 1,619.18,.