Today we will analyze the stock ROY.PHILIPS ELECTR (PHI1.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in ROY.PHILIPS ELECTR (PHI1.MU)
1- Last bullish trend was from 13.72 $ (4/11/2012) to 15.32 $ (4/26/2012) a 1.60 $ move 2- The current bearish trend started from 15.32 $ at 4/26/2012 and is currently trading at 14.00 $.
3- PHI1.MU current support level is at 13.72 which is the 100.00 % fibonacci retracement of the last 1.60 $ move.
4- PHI1.MU current resistance level is at 14.33 which is the 61.80 % fibonacci retracement of the last 1.60 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
ROY.PHILIPS ELECTR (PHI1.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 15.320 and 15.570, and is currently resisting at 15.241.
ROY.PHILIPS ELECTR (PHI1.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 15.320 and 16.270, and is currently resisting at 15.092.
ROY.PHILIPS ELECTR (PHI1.MU) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 16.270 and 16.390, and is currently resisting at 16.084.

Stock Trading Conclusion:
ROY.PHILIPS ELECTR (PHI1.MU) 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 : 14.31, 14.33, 14.50, 14.52, 14.66, 14.71, 14.82, 14.94, 15.09, 15.24, 15.32, 16.08.
Stock Support levels : 13.72, 13.28,.