Today we will analyze the stock PX1/GLE WT-OE (8591S.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in PX1/GLE WT-OE (8591S.PA)
1- Last bullish trend was from 16.87 $ (10/21/2008) to 20.87 $ (10/27/2008) a 4.00 $ move 2- The current bearish trend started from 20.87 $ at 10/27/2008 and is currently trading at 16.78 $.
3- 8591S.PA current support level is at 15.78 which is the 127.20 % fibonacci retracement of the last 4.00 $ move.
4- 8591S.PA current resistance level is at 16.87 which is the 100.00 % fibonacci retracement of the last 4.00 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PX1/GLE WT-OE (8591S.PA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 16.870 and 15.940 that was broken down at 17.750 transforming into a resistance line.
PX1/GLE WT-OE (8591S.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 16.870 and 15.940 that was broken down at 17.750 transforming into a resistance line.
PX1/GLE WT-OE (8591S.PA) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 16.870 and 15.940 that was broken down at 17.750 transforming into a resistance line.

Stock Trading Conclusion:
PX1/GLE WT-OE (8591S.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 : 16.87, 17.75, 18.34, 18.36, 18.40, 18.83, 18.87, 19.31, 19.34, 19.93, 20.87,.
Stock Support levels : 15.78,.