Today we will analyze the stock BRN/SGE OE (8968S.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in BRN/SGE OE (8968S.PA)
1- Last bullish trend was from 58.00 $ (10/22/2013) to 62.90 $ (11/7/2013) a 4.90 $ move 2- The current bearish trend started from 62.90 $ at 11/7/2013 and is currently trading at 58.20 $.
3- 8968S.PA current support level is at 58.00 which is the 100.00 % fibonacci retracement of the last 4.90 $ move.
4- 8968S.PA current resistance level is at 59.87 which is the 61.80 % fibonacci retracement of the last 4.90 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
BRN/SGE OE (8968S.PA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 58.000 .
BRN/SGE OE (8968S.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 58.000 and 64.650,resistance between 62.900 and 70.050, the stock channel is currently supported from below by 56.299 and resisted from above by 62.147.
BRN/SGE OE (8968S.PA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 72.200 and 91.100 that was broken up at 58.350 transforming into a supporting line.

Stock Trading Conclusion:
BRN/SGE OE (8968S.PA) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 59.31, 59.87, 60.00, 60.45, 60.55, 61.03, 61.10, 61.74, 62.90,.
Stock Support levels : 58.00, 57.99, 57.94, 57.88, 56.67, 54.97,.