Today we will analyze the stock CARRERE GROUP (CAR.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in CARRERE GROUP (CAR.PA)
1- Last bullish trend was from 2.50 $ (7/28/2009) to 3.20 $ (7/31/2009) a 0.70 $ move 2- The current bearish trend started from 3.20 $ at 7/31/2009 and is currently trading at 2.50 $.
3- CAR.PA current support level is at 2.31 which is the 127.20 % fibonacci retracement of the last 0.70 $ move.
4- CAR.PA current resistance level is at 2.50 which is the 100.00 % fibonacci retracement of the last 0.70 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
CARRERE GROUP (CAR.PA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.500 and 0.160 that was broken down at 3.200 transforming into a resistance line.
CARRERE GROUP (CAR.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.500 and 0.160 that was broken down at 3.200 transforming into a resistance line.
CARRERE GROUP (CAR.PA) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.160 and 0.150, and is currently supporting at 0.582.

Stock Trading Conclusion:
CARRERE GROUP (CAR.PA) was trading in a bullish 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 : 2.67, 2.77, 2.85, 2.93, 3.03, 3.20, 89.08,.
Stock Support levels : 2.31, 2.07,.