Today we will analyze the stock CASINO GP ADP (CK.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in CASINO GP ADP (CK.PA)
1- Last bullish trend was from 45.00 $ (11/5/2009) to 49.50 $ (12/7/2009) a 4.50 $ move 2- The current bearish trend started from 49.50 $ at 12/7/2009 and is currently trading at 48.01 $.
3- CK.PA current support level is at 47.78 which is the 38.20 % fibonacci retracement of the last 4.50 $ move.
4- CK.PA current resistance level is at 48.44 which is the 23.60 % fibonacci retracement of the last 4.50 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
CASINO GP ADP (CK.PA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 49.500 and 49.780, and is currently resisting at 49.487.
CASINO GP ADP (CK.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 45.000 and 40.050,resistance between 49.780 and 45.140 which was broken down at 48.010.
CASINO GP ADP (CK.PA) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 45.000 and 40.050,resistance between 49.780 and 45.140 which was broken down at 48.010.

Stock Trading Conclusion:
CASINO GP ADP (CK.PA) was trading in a bearish wave, which is becoming stronger .
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 : 48.25, 48.36, 48.44, 48.58, 48.75, 48.93, 49.49, 49.50, 49.79, 49.81.
Stock Support levels : 47.78, 47.25, 46.72, 45.00, 43.78,.