Today we will analyze the stock ENI (ENI.MI) for internet stock trading in the MI stock market,
Stock Technical indicators to notice in ENI (ENI.MI)
1- Last bearish trend was from 17.66 $ (1/7/2014) to 16.25 $ (2/5/2014) a 1.41 $ move 2- The current bullish trend started from 16.25 $ at 2/5/2014 and is currently trading at 17.42 $.
3- ENI.MI current support level is at 17.12 which is the 61.80 % fibonacci retracement of the last 1.41 $ move.
4- ENI.MI current resistance level is at 17.66 which is the 100.00 % fibonacci retracement of the last 1.41 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ENI (ENI.MI) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 16.250 .
7- The Stock formed a 2.100 $ height triangle which was broken up at 17.260 in higher than usual volume, target of the pattern is 19.360.
ENI (ENI.MI) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 16.250 .
9- The Stock formed a 2.350 $ height triangle which was broken up at 17.260 in higher than usual volume, target of the pattern is 19.610.
ENI (ENI.MI) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
ENI (ENI.MI) was trading in a bearish 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 : 17.66, 18.04, 18.53, 19.36, 19.61.
Stock Support levels : 17.14, 17.12, 16.97, 16.95, 16.83, 16.79, 16.76, 16.75, 16.70, 16.58, 16.25, 16.25, 16.23, 16.22,.