Today we will analyze the stock EECH GROUP AG (PTA.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in EECH GROUP AG (PTA.MU)
1- Last bullish trend was from 0.04 $ (12/6/2010) to 0.06 $ (12/7/2010) a 0.02 $ move 2- The current bearish trend started from 0.06 $ at 12/7/2010 and is currently trading at 0.04 $.
3- PTA.MU current support level is at 0.03 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- PTA.MU current resistance level is at 0.04 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
EECH GROUP AG (PTA.MU) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.060 .
8- The Stock formed a 0.030 $ height triangle which was broken down at 0.050 in higher than usual volume, target of the pattern is 0.020.
EECH GROUP AG (PTA.MU) Mid term stock chart patterns for internet stock trading :

9- The Stock formed Double Top Pattern at 0.060 .
10- The Stock formed a 0.030 $ height triangle which was broken down at 0.050 in higher than usual volume, target of the pattern is 0.020.
EECH GROUP AG (PTA.MU) Long term stock chart patterns for internet stock trading :

11- The Stock formed Double Top Pattern at 0.060 .
12- The Stock formed a 0.030 $ height triangle which was broken down at 0.050 in higher than usual volume, target of the pattern is 0.020.

Stock Trading Conclusion:
EECH GROUP AG (PTA.MU) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.045, 0.048, 0.050, 0.052, 0.055, 0.056, 0.060,.
Stock Support levels : 0.035, 0.028, 0.020,.