Today we will analyze the stock EQUEST INV BALKA A (EIB.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in EQUEST INV BALKA A (EIB.L)
1- Last bearish trend was from 48.50 $ (3/2/2010) to 35.00 $ (3/4/2010) a 13.50 $ move 2- The current bullish trend started from 35.00 $ at 3/4/2010 and is currently trading at 42.50 $.
3- EIB.L current support level is at 41.75 which is the 50.00 % fibonacci retracement of the last 13.50 $ move.
4- EIB.L current resistance level is at 43.34 which is the 61.80 % fibonacci retracement of the last 13.50 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
EQUEST INV BALKA A (EIB.L) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 35.000 and 25.000, and is currently supporting at 36.250.
EQUEST INV BALKA A (EIB.L) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 35.000 and 25.000, and is currently supporting at 36.250.
EQUEST INV BALKA A (EIB.L) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 35.000 and 25.000, and is currently supporting at 36.250.

Stock Trading Conclusion:
EQUEST INV BALKA A (EIB.L) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 43.34, 48.50, 52.17, 56.84.
Stock Support levels : 41.75, 40.73, 40.16, 39.63, 38.75, 38.19, 37.86, 36.25, 35.00,.