Today we will analyze the stock SKW STAHL-MET HOLD (SK1.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in SKW STAHL-MET HOLD (SK1.DE)
1- Last bearish trend was from 18.54 $ (7/25/2011) to 13.81 $ (8/10/2011) a 4.73 $ move 2- The current bullish trend started from 13.81 $ at 8/10/2011 and is currently trading at 15.06 $.
3- SK1.DE current support level is at 14.93 which is the 23.60 % fibonacci retracement of the last 4.73 $ move.
4- SK1.DE current resistance level is at 15.62 which is the 38.20 % fibonacci retracement of the last 4.73 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
SKW STAHL-MET HOLD (SK1.DE) Short term stock chart patterns for internet stock trading :

None.
SKW STAHL-MET HOLD (SK1.DE) Mid term stock chart patterns for internet stock trading :

None.
SKW STAHL-MET HOLD (SK1.DE) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 18.540 and 19.510, and is currently resisting at 18.245.

Stock Trading Conclusion:
SKW STAHL-MET HOLD (SK1.DE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 15.62, 16.18, 16.73, 18.24, 18.54, 19.83, 21.46.
Stock Support levels : 14.93, 14.77, 14.58, 14.44, 14.29, 13.81,.