Today we will analyze the stock JAPANESE ACCEL PERF (JAP.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in JAPANESE ACCEL PERF (JAP.L)
1- Last bullish trend was from 100.00 $ (12/7/2009) to 104.20 $ (12/8/2009) a 4.20 $ move 2- The current bearish trend started from 104.20 $ at 12/8/2009 and is currently trading at 100.00 $.
3- JAP.L current support level is at 98.86 which is the 127.20 % fibonacci retracement of the last 4.20 $ move.
4- JAP.L current resistance level is at 100.00 which is the 100.00 % fibonacci retracement of the last 4.20 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
JAPANESE ACCEL PERF (JAP.L) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 104.200 .
7- The Stock formed a 6.500 $ height triangle which was broken down at 100.100, target of the pattern is 93.600.
JAPANESE ACCEL PERF (JAP.L) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 114.750 and 120.990, and is currently resisting at 108.674.
JAPANESE ACCEL PERF (JAP.L) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
JAPANESE ACCEL PERF (JAP.L) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 100.99, 101.60, 102.10, 102.60, 103.21, 104.00, 104.20, 104.90, 108.67.
Stock Support levels : 98.86, 97.40,.