Today we will analyze the stock DEUTSCHE TELEKOM N (DTE.MI) for internet stock trading in the MI stock market,
Stock Technical indicators to notice in DEUTSCHE TELEKOM N (DTE.MI)
1- Last bullish trend was from 8.49 $ (3/6/2012) to 9.27 $ (3/27/2012) a 0.78 $ move 2- The current bearish trend started from 9.27 $ at 3/27/2012 and is currently trading at 8.47 $.
3- DTE.MI current support level is at 8.28 which is the 127.20 % fibonacci retracement of the last 0.78 $ move.
4- DTE.MI current resistance level is at 8.49 which is the 100.00 % fibonacci retracement of the last 0.78 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
DEUTSCHE TELEKOM N (DTE.MI) Short term stock chart patterns for internet stock trading :

None.
DEUTSCHE TELEKOM N (DTE.MI) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 9.270 .
DEUTSCHE TELEKOM N (DTE.MI) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 9.270 and 9.640, and is currently resisting at 9.159.

Stock Trading Conclusion:
DEUTSCHE TELEKOM N (DTE.MI) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 8.49, 8.66, 8.78, 8.79, 8.87, 8.88, 8.96, 8.97, 9.09, 9.16, 9.27, 9.29.
Stock Support levels : 8.28,.