Today we will analyze the stock GL TRADE (GLT.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in GL TRADE (GLT.PA)
1- Last bullish trend was from 41.70 $ (11/24/2008) to 45.03 $ (11/25/2008) a 3.33 $ move 2- The current bearish trend started from 45.03 $ at 11/25/2008 and is currently trading at 41.70 $.
3- GLT.PA current support level is at 40.79 which is the 127.20 % fibonacci retracement of the last 3.33 $ move.
4- GLT.PA current resistance level is at 41.70 which is the 100.00 % fibonacci retracement of the last 3.33 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
GL TRADE (GLT.PA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 45.030 .
7- The Stock formed a 4.750 $ height triangle which was broken down at 41.700, target of the pattern is 36.950.
GL TRADE (GLT.PA) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 45.030 .
9- The Stock formed a 9.000 $ height triangle which was broken down at 41.700, target of the pattern is 32.700.
GL TRADE (GLT.PA) Long term stock chart patterns for internet stock trading :

10- The Stock was supported by a support line, identified by two points: 36.000 and 33.500, and is currently supporting at 37.863.

Stock Trading Conclusion:
GL TRADE (GLT.PA) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 42.06, 42.49, 42.77, 42.97, 43.36, 43.37, 43.76, 44.24, 45.03, 45.05,.
Stock Support levels : 40.79, 40.25, 39.64, 37.86, 36.95,.