Today we will analyze the stock PX1/GLE WT-OE (8590S.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in PX1/GLE WT-OE (8590S.PA)
1- Last bullish trend was from 15.79 $ (10/21/2008) to 20.96 $ (10/24/2008) a 5.17 $ move 2- The current bearish trend started from 20.96 $ at 10/24/2008 and is currently trading at 16.27 $.
3- 8590S.PA current support level is at 15.79 which is the 100.00 % fibonacci retracement of the last 5.17 $ move.
4- 8590S.PA current resistance level is at 17.76 which is the 61.80 % fibonacci retracement of the last 5.17 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PX1/GLE WT-OE (8590S.PA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 15.790 and 13.610 that was broken down at 17.240 transforming into a resistance line.
PX1/GLE WT-OE (8590S.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 15.790 and 13.610 that was broken down at 17.240 transforming into a resistance line.
PX1/GLE WT-OE (8590S.PA) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 15.790 and 13.610 that was broken down at 17.240 transforming into a resistance line.

Stock Trading Conclusion:
PX1/GLE WT-OE (8590S.PA) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 17.38, 17.76, 18.06, 18.38, 18.61, 18.99, 19.17, 19.28, 19.74, 20.96,.
Stock Support levels : 15.79, 14.38, 12.59,.