Today we will analyze the stock SX5E/GLE WT-OE (8351S.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in SX5E/GLE WT-OE (8351S.PA)
1- Last bullish trend was from 21.10 $ (3/4/2009) to 22.46 $ (3/6/2009) a 1.36 $ move 2- The current bearish trend started from 22.46 $ at 3/6/2009 and is currently trading at 21.49 $.
3- 8351S.PA current support level is at 21.10 which is the 100.00 % fibonacci retracement of the last 1.36 $ move.
4- 8351S.PA current resistance level is at 21.62 which is the 61.80 % fibonacci retracement of the last 1.36 $ 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 (8351S.PA) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 21.100 and 17.000,resistance between 22.460 and 21.790 which was broken down at 21.350.
SX5E/GLE WT-OE (8351S.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 18.610 and 19.120 that was broken up at 18.370 transforming into a supporting line.
SX5E/GLE WT-OE (8351S.PA) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 17.000 and 14.910, and is currently supporting at 18.916.

Stock Trading Conclusion:
SX5E/GLE WT-OE (8351S.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 : 21.62, 21.72, 21.78, 21.86, 21.94, 21.97, 22.09, 22.14, 22.31, 22.46,.
Stock Support levels : 21.10, 20.73, 20.26, 18.92,.