Today we will analyze the stock BNP PARIBAS (BNP.MI) for internet stock trading in the MI stock market,
Stock Technical indicators to notice in BNP PARIBAS (BNP.MI)
1- Last bearish trend was from 36.20 $ (1/23/2012) to 32.34 $ (1/30/2012) a 3.86 $ move 2- The current bullish trend started from 32.34 $ at 1/30/2012 and is currently trading at 34.10 $.
3- BNP.MI current support level is at 33.81 which is the 38.20 % fibonacci retracement of the last 3.86 $ move.
4- BNP.MI current resistance level is at 34.27 which is the 50.00 % fibonacci retracement of the last 3.86 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
BNP PARIBAS (BNP.MI) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 32.340 and 27.770,resistance between 36.200 and 31.370, the stock channel is currently supported from below by 33.254 and resisted from above by 38.960.
BNP PARIBAS (BNP.MI) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 27.770 .
BNP PARIBAS (BNP.MI) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 27.770 .

Stock Trading Conclusion:
BNP PARIBAS (BNP.MI) was trading in a bullish 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 : 34.27, 34.73, 36.20, 37.25, 38.59.
Stock Support levels : 33.81, 33.68, 33.43, 33.25, 33.22, 33.01, 32.34, 27.82,.