Today we will analyze the stock SGO/CGMD TP 09 (1580C.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in SGO/CGMD TP 09 (1580C.PA)
1- Last bearish trend was from 0.27 $ (1/4/2012) to 0.13 $ (1/9/2012) a 0.14 $ move 2- The current bullish trend started from 0.13 $ at 1/9/2012 and is currently trading at 0.18 $.
3- 1580C.PA current support level is at 0.16 which is the 23.60 % fibonacci retracement of the last 0.14 $ move.
4- 1580C.PA current resistance level is at 0.18 which is the 38.20 % fibonacci retracement of the last 0.14 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
SGO/CGMD TP 09 (1580C.PA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.270 and 0.580 that was broken up at 0.220 transforming into a supporting line.
SGO/CGMD TP 09 (1580C.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.270 and 0.640 that was broken up at 0.220 transforming into a supporting line.
SGO/CGMD TP 09 (1580C.PA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.270 and 0.640 that was broken up at 0.220 transforming into a supporting line.

Stock Trading Conclusion:
SGO/CGMD TP 09 (1580C.PA) was trading in a 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 : 0.183, 0.200, 0.217, 0.270, 0.308, 0.357.
Stock Support levels : 0.168, 0.163, 0.161, 0.155, 0.149, 0.130, -0.026,.