Today we will analyze the stock ALL DRES SEC END 09 (ADRK.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in ALL DRES SEC END 09 (ADRK.L)
1- Last bearish trend was from 145.00 $ (8/3/2009) to 137.50 $ (10/19/2009) a 7.50 $ move 2- The current bullish trend started from 137.50 $ at 10/19/2009 and is currently trading at 143.50 $.
3- ADRK.L current support level is at 142.13 which is the 61.80 % fibonacci retracement of the last 7.50 $ move.
4- ADRK.L current resistance level is at 145.00 which is the 100.00 % fibonacci retracement of the last 7.50 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
ALL DRES SEC END 09 (ADRK.L) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 137.500 .
ALL DRES SEC END 09 (ADRK.L) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 121.000 .
8- The Stock formed a 23.700 $ height triangle which was broken up at 129.500, target of the pattern is 153.200.
ALL DRES SEC END 09 (ADRK.L) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
ALL DRES SEC END 09 (ADRK.L) 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 : 145.00, 147.04, 149.63, 153.20.
Stock Support levels : 142.13, 142.08, 141.25, 141.21, 140.50, 140.37, 139.79, 139.27, 137.50, 137.34, 137.28, 137.21, 97.83,.