Today we will analyze the stock ERINACEOUS GRP (ERG.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in ERINACEOUS GRP (ERG.L)
1- Last bullish trend was from 1.25 $ (3/28/2008) to 1.75 $ (4/10/2008) a 0.50 $ move 2- The current bearish trend started from 1.75 $ at 4/10/2008 and is currently trading at 1.65 $.
3- ERG.L current support level is at 1.63 which is the 23.60 % fibonacci retracement of the last 0.50 $ move.
4- ERG.L current resistance level is at 1.75 which is the 0.00 % fibonacci retracement of the last 0.50 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
ERINACEOUS GRP (ERG.L) Short term stock chart patterns for internet stock trading :

None.
ERINACEOUS GRP (ERG.L) Mid term stock chart patterns for internet stock trading :

None.
ERINACEOUS GRP (ERG.L) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
ERINACEOUS GRP (ERG.L) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 1.67, 1.69, 1.70, 1.71, 1.75,.
Stock Support levels : 1.63, 1.56, 1.50, 1.44, 1.25, 1.11,.