Today we will analyze the stock FP/ABN AMRO CT (1542N.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in FP/ABN AMRO CT (1542N.PA)
1- Last bullish trend was from 6.63 $ (9/10/2009) to 8.68 $ (9/24/2009) a 2.05 $ move 2- The current bearish trend started from 8.68 $ at 9/24/2009 and is currently trading at 7.44 $.
3- 1542N.PA current support level is at 7.41 which is the 61.80 % fibonacci retracement of the last 2.05 $ move.
4- 1542N.PA current resistance level is at 7.66 which is the 50.00 % fibonacci retracement of the last 2.05 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
FP/ABN AMRO CT (1542N.PA) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 6.630 and 9.950,resistance between 8.680 and 11.290, the stock channel is currently supported from below by 5.966 and resisted from above by 8.354.
FP/ABN AMRO CT (1542N.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 6.630 and 9.950,resistance between 8.680 and 11.290, the stock channel is currently supported from below by 5.966 and resisted from above by 8.354.
FP/ABN AMRO CT (1542N.PA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 8.680 and 11.290, and is currently resisting at 8.354.

Stock Trading Conclusion:
FP/ABN AMRO CT (1542N.PA) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 7.66, 7.73, 7.90, 7.91, 8.06, 8.20, 8.21, 8.35, 8.68,.
Stock Support levels : 7.41, 6.63, 6.07,.