Today we will analyze the stock HJELLEGJERDE (HJE.OL) for internet stock trading in the OL stock market,
Stock Technical indicators to notice in HJELLEGJERDE (HJE.OL)
1- Last bullish trend was from 0.14 $ (10/18/2010) to 0.15 $ (10/21/2010) a 0.01 $ move 2- The current bearish trend started from 0.15 $ at 10/21/2010 and is currently trading at 0.14 $.
3- HJE.OL current support level is at 0.14 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- HJE.OL current resistance level is at 0.14 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
HJELLEGJERDE (HJE.OL) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.140 $ and 0.150 $.

HJELLEGJERDE (HJE.OL) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.140 $ and 0.150 $.

HJELLEGJERDE (HJE.OL) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.160 and 0.240 that was broken up at 0.150 transforming into a supporting line.

Stock Trading Conclusion:
HJELLEGJERDE (HJE.OL) was trading in a strong bearish 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 : 0.142, 0.144, 0.145, 0.145, 0.146, 0.148, 0.150,.
Stock Support levels : 0.137, 0.134,.