Today we’ll analyze the stock Inter Parfums (IPAR) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Inter Parfums (IPAR)
1- Last bearish trend was from 6.94$ (12/26/2008) to 6.36$ (12/30/2008) a 0.58$ move
2- The current bullish trend started from 6.36$ at 12/30/2008 and is currently trading at 7.67$.

3- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Inter Parfums (IPAR) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 6.94 and 7.85 that was broken up at 7.68 transforming into a supporting line.
Inter Parfums (IPAR) Mid term stock chart patterns for internet stock trading :
None.
Inter Parfums (IPAR) Long term stock chart patterns for internet stock trading :
5- The Stock was supported by a support line, identified by two points: 6.36 and 5.27, and is currently supporting at 6.55235.
Stock Trading Conclusion:
Inter Parfums (IPAR) was trading in a bullish 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 : 11.40, 11.75, 13.14, 14.59, 16.10, 16.86, 18.21.
Stock Support levels : 7.36, 7.17, 7.02, 7.02, 6.86, 6.55, 6.36,.

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