Today we will analyze the stock B.VERITAS E08 (BVINV.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in B.VERITAS E08 (BVINV.PA)
1- Last bullish trend was from 84.40 $ (5/6/2013) to 90.60 $ (5/16/2013) a 6.20 $ move 2- The current bearish trend started from 90.60 $ at 5/16/2013 and is currently trading at 86.46 $.
3- BVINV.PA current support level is at 84.40 which is the 100.00 % fibonacci retracement of the last 6.20 $ move.
4- BVINV.PA current resistance level is at 86.77 which is the 61.80 % fibonacci retracement of the last 6.20 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
B.VERITAS E08 (BVINV.PA) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 29.530 $ height triangle which was broken down at 87.450, target of the pattern is 57.920.
B.VERITAS E08 (BVINV.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 84.400 and 60.000 that was broken down at 87.450 transforming into a resistance line.
B.VERITAS E08 (BVINV.PA) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 51.000 and 37.200,resistance between 95.150 and 60.400, the stock channel is currently supported from below by 86.286 and resisted from above by 102.274.

Stock Trading Conclusion:
B.VERITAS E08 (BVINV.PA) was trading in a strong 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 : 86.77, 87.44, 87.50, 87.97, 88.04, 88.23, 88.53, 88.73, 89.02, 89.14, 90.60,.
Stock Support levels : 84.40, 82.71, 80.57,.