Today we will analyze the stock ALCION N (MLALC.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in ALCION N (MLALC.PA)
1- Last bearish trend was from 2.79 $ (3/11/2011) to 2.00 $ (4/15/2011) a 0.79 $ move 2- The current bullish trend started from 2.00 $ at 4/15/2011 and is currently trading at 2.79 $.
3- MLALC.PA current support level is at 2.79 which is the 100.00 % fibonacci retracement of the last 0.79 $ move.
4- MLALC.PA current resistance level is at 3.00 which is the 127.20 % fibonacci retracement of the last 0.79 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
ALCION N (MLALC.PA) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 2.000 $ and 2.790 $.

ALCION N (MLALC.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 2.000 $ and 2.790 $.

ALCION N (MLALC.PA) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 2.000 $ and 2.790 $.


Stock Trading Conclusion:
ALCION N (MLALC.PA) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 3.00, 3.28.
Stock Support levels : 2.60, 2.49, 2.39, 2.30, 2.19, 2.00,.