Today we will analyze the stock EURJPY/GLE WT-OE (8597S.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in EURJPY/GLE WT-OE (8597S.PA)
1- Last bullish trend was from 47.33 $ (11/22/2010) to 55.13 $ (12/1/2010) a 7.80 $ move 2- The current bearish trend started from 55.13 $ at 12/1/2010 and is currently trading at 50.98 $.
3- 8597S.PA current support level is at 50.31 which is the 61.80 % fibonacci retracement of the last 7.80 $ move.
4- 8597S.PA current resistance level is at 51.23 which is the 50.00 % fibonacci retracement of the last 7.80 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
EURJPY/GLE WT-OE (8597S.PA) Short term stock chart patterns for internet stock trading :

None.
EURJPY/GLE WT-OE (8597S.PA) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 47.330 and 46.780, and is currently supporting at 48.130.
EURJPY/GLE WT-OE (8597S.PA) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
EURJPY/GLE WT-OE (8597S.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 : 51.23, 51.96, 52.15, 52.57, 53.06, 53.29, 53.54, 55.13,.
Stock Support levels : 50.31, 48.13, 47.33, 45.21,.