Today we will analyze the stock STM/CGMD TC 09 (1753C.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in STM/CGMD TC 09 (1753C.PA)
1- Last bearish trend was from 1.13 $ (11/14/2011) to 0.11 $ (11/23/2011) a 1.02 $ move 2- The current bullish trend started from 0.11 $ at 11/23/2011 and is currently trading at 0.15 $.
3- 1753C.PA current support level is at 0.11 which is the 0.00 % fibonacci retracement of the last 1.02 $ move.
4- 1753C.PA current resistance level is at 0.35 which is the 23.60 % fibonacci retracement of the last 1.02 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
STM/CGMD TC 09 (1753C.PA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.130 and 1.150, and is currently resisting at 1.090.
STM/CGMD TC 09 (1753C.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.130 and 1.150, and is currently resisting at 1.090.
STM/CGMD TC 09 (1753C.PA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.130 and 1.150, and is currently resisting at 1.090.

Stock Trading Conclusion:
STM/CGMD TC 09 (1753C.PA) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.351, 0.500, 0.620, 0.740, 1.090, 1.130, 1.407, 1.760.
Stock Support levels : 0.141, 0.135, 0.130, 0.125, 0.110,.