SEKT WACHENHEIM (Munich: SWA.MU) (ETR:SWA) Stock Research Trends Targets and Technical Analysis - Munich germany stock exchange [en]

Today we will analyze the stock SEKT WACHENHEIM (SWA.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in SEKT WACHENHEIM (SWA.MU)
1- Last bearish trend was from 7.95 $ (1/12/2010) to 7.10 $ (2/16/2010) a 0.85 $ move 2- The current bullish trend started from 7.10 $ at 2/16/2010 and is currently trading at 7.68 $. 3- SWA.MU current support level is at 7.63 which is the 61.80 % fibonacci retracement of the last 0.85 $ move.
4- SWA.MU current resistance level is at 7.95 which is the 100.00 % fibonacci retracement of the last 0.85 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
SEKT WACHENHEIM (SWA.MU) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 7.100 and 5.590,resistance between 7.950 and 6.560, the stock channel is currently supported from below by 7.438 and resisted from above by 8.999.
SEKT WACHENHEIM (SWA.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 7.100 and 5.590,resistance between 7.950 and 6.560, the stock channel is currently supported from below by 7.438 and resisted from above by 8.999.
SEKT WACHENHEIM (SWA.MU) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 5.590 and 4.890, and is currently supporting at 6.214.

Stock Trading Conclusion:
SEKT WACHENHEIM (SWA.MU) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 7.95, 8.18, 8.48.
Stock Support levels : 7.63, 7.54, 7.52, 7.46, 7.42, 7.39, 7.32, 7.30, 7.10,.