Today we will analyze the stock GEO-B (XGEO.MC) for internet stock trading in the MC stock market,
Stock Technical indicators to notice in GEO-B (XGEO.MC)
1- Last bullish trend was from 1.05 $ (2/28/2012) to 1.25 $ (3/15/2012) a 0.20 $ move 2- The current bearish trend started from 1.25 $ at 3/15/2012 and is currently trading at 1.21 $.
3- XGEO.MC current support level is at 1.20 which is the 23.60 % fibonacci retracement of the last 0.20 $ move.
4- XGEO.MC current resistance level is at 1.25 which is the 0.00 % fibonacci retracement of the last 0.20 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
GEO-B (XGEO.MC) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.250 and 1.310, and is currently resisting at 1.239.
GEO-B (XGEO.MC) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.050 and 0.750, and is currently supporting at 1.127.
GEO-B (XGEO.MC) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.050 and 0.750, and is currently supporting at 1.127.

Stock Trading Conclusion:
GEO-B (XGEO.MC) was trading in a 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 : 1.22, 1.23, 1.23, 1.23, 1.24, 1.25,.
Stock Support levels : 1.20, 1.17, 1.15, 1.13, 1.13, 1.05, 1.00,.