FONCIERE LYONNAISE (Paris: FLY.PA) (EPA:FLY) Stock Research Trends Targets and Technical Analysis - Euronext paris stock exchange [en]

Today we will analyze the stock FONCIERE LYONNAISE (FLY.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in FONCIERE LYONNAISE (FLY.PA)
1- Last bullish trend was from 34.40 $ (2/5/2010) to 36.80 $ (2/10/2010) a 2.40 $ move 2- The current bearish trend started from 36.80 $ at 2/10/2010 and is currently trading at 35.29 $. 3- FLY.PA current support level is at 34.40 which is the 100.00 % fibonacci retracement of the last 2.40 $ move.
4- FLY.PA current resistance level is at 35.32 which is the 61.80 % fibonacci retracement of the last 2.40 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
FONCIERE LYONNAISE (FLY.PA) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 34.400 .
FONCIERE LYONNAISE (FLY.PA) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 31.300 and 24.700 that was broken down at 36.420 transforming into a resistance line.
FONCIERE LYONNAISE (FLY.PA) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bullish stock channel identifed by support at 31.300 and 24.700,resistance between 34.490 and 27.650 which was broken down at 36.420.

Stock Trading Conclusion:
FONCIERE LYONNAISE (FLY.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 : 35.32, 35.60, 35.65, 35.87, 35.88, 36.04, 36.22, 36.23, 36.80, 38.29,.
Stock Support levels : 34.40, 34.38, 34.35, 34.32, 33.75,.