Today we will analyze the stock EPISTEM HOLD (EHP.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in EPISTEM HOLD (EHP.L)
1- Last bearish trend was from 409.80 $ (4/20/2012) to 395.95 $ (4/30/2012) a 13.85 $ move 2- The current bullish trend started from 395.95 $ at 4/30/2012 and is currently trading at 400.29 $.
3- EHP.L current support level is at 399.22 which is the 23.60 % fibonacci retracement of the last 13.85 $ move.
4- EHP.L current resistance level is at 401.24 which is the 38.20 % fibonacci retracement of the last 13.85 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
EPISTEM HOLD (EHP.L) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 395.950 .
7- The Stock formed a 27.290 $ height triangle.
EPISTEM HOLD (EHP.L) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 380.000 and 345.000 that was broken down at 420.230 transforming into a resistance line.
EPISTEM HOLD (EHP.L) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 384.000 and 400.000 that was broken up at 365.000 transforming into a supporting line.

Stock Trading Conclusion:
EPISTEM HOLD (EHP.L) was trading in a bearish wave, which is becoming weaker .
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 : 401.24, 402.88, 404.51, 409.80, 413.57, 418.36, 421.90, 487.06.
Stock Support levels : 399.27, 399.22, 398.63, 398.12, 397.61, 396.06, 395.95,.