Today we will analyze the stock CIMENT FRANCAIS E08 (3634124.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in CIMENT FRANCAIS E08 (3634124.PA)
1- Last bullish trend was from 95.00 $ (3/13/2008) to 107.00 $ (3/19/2008) a 12.00 $ move 2- The current bearish trend started from 107.00 $ at 3/19/2008 and is currently trading at 89.40 $.
3- 3634124.PA current support level is at 87.58 which is the 161.80 % fibonacci retracement of the last 12.00 $ move.
4- 3634124.PA current resistance level is at 91.74 which is the 127.20 % fibonacci retracement of the last 12.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
CIMENT FRANCAIS E08 (3634124.PA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 107.000 .
7- The Stock formed a 18.260 $ height triangle which was broken down at 89.400, target of the pattern is 71.140.
CIMENT FRANCAIS E08 (3634124.PA) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 107.000 .
9- The Stock formed a 18.260 $ height triangle which was broken down at 89.400, target of the pattern is 71.140.
CIMENT FRANCAIS E08 (3634124.PA) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 107.000 .
11- The Stock formed a 18.260 $ height triangle which was broken down at 89.400, target of the pattern is 71.140.

Stock Trading Conclusion:
CIMENT FRANCAIS E08 (3634124.PA) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 91.74, 93.55, 95.00, 96.12, 98.20, 99.58, 100.28, 101.00, 102.42, 104.17, 104.84, 107.00,.
Stock Support levels : 87.58, 71.14,.