Today we will analyze the stock AST GROUPE N (ASP.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in AST GROUPE N (ASP.PA)
1- Last bullish trend was from 4.24 $ (3/15/2012) to 4.99 $ (4/18/2012) a 0.75 $ move 2- The current bearish trend started from 4.99 $ at 4/18/2012 and is currently trading at 4.74 $.
3- ASP.PA current support level is at 4.70 which is the 38.20 % fibonacci retracement of the last 0.75 $ move.
4- ASP.PA current resistance level is at 4.81 which is the 23.60 % fibonacci retracement of the last 0.75 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
AST GROUPE N (ASP.PA) Short term stock chart patterns for internet stock trading :

None.
AST GROUPE N (ASP.PA) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 4.240 and 3.620 that was broken down at 4.680 transforming into a resistance line.
AST GROUPE N (ASP.PA) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 4.240 and 2.700 that was broken down at 4.680 transforming into a resistance line.

Stock Trading Conclusion:
AST GROUPE N (ASP.PA) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 4.80, 4.81, 4.84, 4.86, 4.88, 4.88, 4.89, 4.99,.
Stock Support levels : 4.70, 4.61, 4.53, 4.24, 4.04,.