Today we will analyze the stock EASTERN DRILL -A- (EDRILL.OL) for internet stock trading in the OL stock market,
Stock Technical indicators to notice in EASTERN DRILL -A- (EDRILL.OL)
1- Last bearish trend was from 134.50 $ (6/11/2007) to 122.00 $ (6/20/2007) a 12.50 $ move 2- The current bullish trend started from 122.00 $ at 6/20/2007 and is currently trading at 125.00 $.
3- EDRILL.OL current support level is at 124.95 which is the 23.60 % fibonacci retracement of the last 12.50 $ move.
4- EDRILL.OL current resistance level is at 126.78 which is the 38.20 % fibonacci retracement of the last 12.50 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
EASTERN DRILL -A- (EDRILL.OL) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 134.500 and 136.000, and is currently resisting at 133.353.
EASTERN DRILL -A- (EDRILL.OL) Mid term stock chart patterns for internet stock trading :

None.
EASTERN DRILL -A- (EDRILL.OL) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
EASTERN DRILL -A- (EDRILL.OL) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 126.78, 128.25, 129.73, 133.35, 134.50, 137.90, 142.23.
Stock Support levels : 124.95, 124.29, 123.85, 123.50, 123.15, 122.00,.