Today we will analyze the stock SX5E/GLE WT-OE (8350S.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in SX5E/GLE WT-OE (8350S.PA)
1- Last bullish trend was from 20.08 $ (3/4/2009) to 21.43 $ (3/6/2009) a 1.35 $ move 2- The current bearish trend started from 21.43 $ at 3/6/2009 and is currently trading at 20.46 $.
3- 8350S.PA current support level is at 20.08 which is the 100.00 % fibonacci retracement of the last 1.35 $ move.
4- 8350S.PA current resistance level is at 20.60 which is the 61.80 % fibonacci retracement of the last 1.35 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,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.
SX5E/GLE WT-OE (8350S.PA) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 20.080 and 15.970,resistance between 21.430 and 20.760 which was broken down at 20.330.
SX5E/GLE WT-OE (8350S.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 17.590 and 18.090 that was broken up at 17.340 transforming into a supporting line.
SX5E/GLE WT-OE (8350S.PA) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 15.970 and 13.880, and is currently supporting at 17.886.

Stock Trading Conclusion:
SX5E/GLE WT-OE (8350S.PA) was trading in a strong bullish 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 : 20.60, 20.69, 20.76, 20.83, 20.91, 20.94, 21.06, 21.11, 21.29, 21.43,.
Stock Support levels : 20.08, 19.71, 19.25, 17.89,.