Today we will analyze the stock EURJPY/GLE WT-OE (8598S.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in EURJPY/GLE WT-OE (8598S.PA)
1- Last bullish trend was from 50.57 $ (11/22/2010) to 58.54 $ (12/1/2010) a 7.97 $ move 2- The current bearish trend started from 58.54 $ at 12/1/2010 and is currently trading at 54.29 $.
3- 8598S.PA current support level is at 53.61 which is the 61.80 % fibonacci retracement of the last 7.97 $ move.
4- 8598S.PA current resistance level is at 54.56 which is the 50.00 % fibonacci retracement of the last 7.97 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
EURJPY/GLE WT-OE (8598S.PA) Short term stock chart patterns for internet stock trading :

None.
EURJPY/GLE WT-OE (8598S.PA) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 50.570 and 50.000, and is currently supporting at 51.399.
EURJPY/GLE WT-OE (8598S.PA) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
EURJPY/GLE WT-OE (8598S.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 : 54.56, 55.29, 55.50, 55.91, 56.42, 56.66, 56.92, 58.54,.
Stock Support levels : 53.61, 51.40, 50.57, 48.40,.