Today we will analyze the stock PARIS RHIN RHONE (RK9.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in PARIS RHIN RHONE (RK9.MU)
1- Last bearish trend was from 50.62 $ (5/11/2010) to 43.95 $ (5/26/2010) a 6.67 $ move 2- The current bullish trend started from 43.95 $ at 5/26/2010 and is currently trading at 54.01 $.
3- RK9.MU current support level is at 52.43 which is the 127.20 % fibonacci retracement of the last 6.67 $ move.
4- RK9.MU current resistance level is at 54.74 which is the 161.80 % fibonacci retracement of the last 6.67 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PARIS RHIN RHONE (RK9.MU) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 43.950 and 48.750,resistance between 50.620 and 56.530 which was broken up at 46.170.
PARIS RHIN RHONE (RK9.MU) Mid term stock chart patterns for internet stock trading :

None.
PARIS RHIN RHONE (RK9.MU) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 43.950 .

Stock Trading Conclusion:
PARIS RHIN RHONE (RK9.MU) was trading in a bearish wave, which is becoming stronger .
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 : 54.74.
Stock Support levels : 52.43, 51.64, 50.62, 50.17, 48.98, 48.07, 47.79, 47.28, 46.50, 45.52, 43.95, 43.92,.