Today we will analyze the stock EURJPY/GLE WT-OE (8596S.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in EURJPY/GLE WT-OE (8596S.PA)
1- Last bullish trend was from 44.91 $ (11/22/2010) to 52.57 $ (12/1/2010) a 7.66 $ move 2- The current bearish trend started from 52.57 $ at 12/1/2010 and is currently trading at 48.49 $.
3- 8596S.PA current support level is at 47.84 which is the 61.80 % fibonacci retracement of the last 7.66 $ move.
4- 8596S.PA current resistance level is at 48.74 which is the 50.00 % fibonacci retracement of the last 7.66 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
EURJPY/GLE WT-OE (8596S.PA) Short term stock chart patterns for internet stock trading :

None.
EURJPY/GLE WT-OE (8596S.PA) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 44.910 and 44.360, and is currently supporting at 45.710.
EURJPY/GLE WT-OE (8596S.PA) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
EURJPY/GLE WT-OE (8596S.PA) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 48.74, 49.45, 49.64, 50.05, 50.53, 50.76, 51.01, 52.57,.
Stock Support levels : 47.84, 45.71, 44.91, 42.83,.