Today we will analyze the stock MTP/CGMD TC 08 (4965C.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in MTP/CGMD TC 08 (4965C.PA)
1- Last bearish trend was from 0.49 $ (12/12/2011) to 0.36 $ (12/13/2011) a 0.13 $ move 2- The current bullish trend started from 0.36 $ at 12/13/2011 and is currently trading at 0.46 $.
3- 4965C.PA current support level is at 0.44 which is the 61.80 % fibonacci retracement of the last 0.13 $ move.
4- 4965C.PA current resistance level is at 0.49 which is the 100.00 % fibonacci retracement of the last 0.13 $ move.
5- According to ADX Indicator, the trend is currently 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.
MTP/CGMD TC 08 (4965C.PA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.490 and 0.580 that was broken up at 0.460 transforming into a supporting line.
MTP/CGMD TC 08 (4965C.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.490 and 0.580 that was broken up at 0.460 transforming into a supporting line.
MTP/CGMD TC 08 (4965C.PA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.490 and 0.580 that was broken up at 0.460 transforming into a supporting line.

Stock Trading Conclusion:
MTP/CGMD TC 08 (4965C.PA) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 0.490, 0.525, 0.570.
Stock Support levels : 0.440, 0.436, 0.425, 0.422, 0.410, 0.410, 0.400, 0.398, 0.391, 0.360,.