Today we will analyze the stock EGIDE (GID.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in EGIDE (GID.PA)
1- Last bullish trend was from 5.52 $ (8/23/2010) to 5.87 $ (8/26/2010) a 0.35 $ move 2- The current bearish trend started from 5.87 $ at 8/26/2010 and is currently trading at 5.31 $.
3- GID.PA current support level is at 5.30 which is the 161.80 % fibonacci retracement of the last 0.35 $ move.
4- GID.PA current resistance level is at 5.42 which is the 127.20 % fibonacci retracement of the last 0.35 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
EGIDE (GID.PA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 5.870 and 5.990, and is currently resisting at 5.798.
EGIDE (GID.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 5.870 and 5.990, and is currently resisting at 5.798.
EGIDE (GID.PA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 7.020 and 8.000, and is currently resisting at 5.850.

Stock Trading Conclusion:
EGIDE (GID.PA) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 5.42, 5.44, 5.52, 5.52, 5.59, 5.65, 5.66, 5.69, 5.74, 5.79, 5.80, 5.85, 5.87,.
Stock Support levels : 5.30.