Today we will analyze the stock QUESTERRE ENERGY-A (QEC.OL) for internet stock trading in the OL stock market,
Stock Technical indicators to notice in QUESTERRE ENERGY-A (QEC.OL)
1- Last bearish trend was from 7.22 $ (2/11/2014) to 6.55 $ (3/3/2014) a 0.67 $ move 2- The current bullish trend started from 6.55 $ at 3/3/2014 and is currently trading at 7.02 $.
3- QEC.OL current support level is at 6.96 which is the 61.80 % fibonacci retracement of the last 0.67 $ move.
4- QEC.OL current resistance level is at 7.22 which is the 100.00 % fibonacci retracement of the last 0.67 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
QUESTERRE ENERGY-A (QEC.OL) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 7.220 and 7.520 that was broken up at 6.900 transforming into a supporting line.
QUESTERRE ENERGY-A (QEC.OL) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 2.800 $ height triangle which was broken up at 6.850, target of the pattern is 9.650.
QUESTERRE ENERGY-A (QEC.OL) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 3.800 $ height triangle which was broken up at 6.850, target of the pattern is 10.650 which was broken down at 6.940 in higher than usual volume, target of the pattern is 3.140.

Stock Trading Conclusion:
QUESTERRE ENERGY-A (QEC.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 : 7.16, 7.22, 7.40, 7.63, 9.65, 10.65.
Stock Support levels : 6.96, 6.91, 6.89, 6.84, 6.81, 6.81, 6.79, 6.73, 6.72, 6.71, 6.55,.
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