Today we will analyze the stock BSKT/SGE OE (8967S.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in BSKT/SGE OE (8967S.PA)
1- Last bearish trend was from 54.78 $ (1/22/2014) to 51.81 $ (2/4/2014) a 2.97 $ move 2- The current bullish trend started from 51.81 $ at 2/4/2014 and is currently trading at 54.20 $.
3- 8967S.PA current support level is at 53.65 which is the 61.80 % fibonacci retracement of the last 2.97 $ move.
4- 8967S.PA current resistance level is at 54.78 which is the 100.00 % fibonacci retracement of the last 2.97 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
BSKT/SGE OE (8967S.PA) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 51.810 and 50.740, and is currently supporting at 52.659.
BSKT/SGE OE (8967S.PA) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 44.920 and 37.260,resistance between 50.210 and 42.050, the stock channel is currently supported from below by 49.827 and resisted from above by 55.611.
BSKT/SGE OE (8967S.PA) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bullish stock channel identifed by support at 44.920 and 37.260,resistance between 50.210 and 42.050, the stock channel is currently supported from below by 49.827 and resisted from above by 55.611.

Stock Trading Conclusion:
BSKT/SGE OE (8967S.PA) was trading in a bearish 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 : 54.78, 55.59, 56.62.
Stock Support levels : 53.65, 53.64, 53.29, 53.29, 53.01, 52.94, 52.72, 52.66, 52.51, 51.81,.