CHRISTIAN POTIER N (Paris: MLCHP.PA) (EPA:MLCHP) Stock Research Trends Targets and Technical Analysis - Euronext paris stock exchange [en]

Today we will analyze the stock CHRISTIAN POTIER N (MLCHP.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in CHRISTIAN POTIER N (MLCHP.PA)
1- Last bullish trend was from 2.33 $ (1/29/2010) to 4.00 $ (2/1/2010) a 1.67 $ move 2- The current bearish trend started from 4.00 $ at 2/1/2010 and is currently trading at 2.11 $. 3- MLCHP.PA current support level is at 1.88 which is the 127.20 % fibonacci retracement of the last 1.67 $ move.
4- MLCHP.PA current resistance level is at 2.33 which is the 100.00 % fibonacci retracement of the last 1.67 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
CHRISTIAN POTIER N (MLCHP.PA) Short term stock chart patterns for internet stock trading :

None.
CHRISTIAN POTIER N (MLCHP.PA) Mid term stock chart patterns for internet stock trading :

None.
CHRISTIAN POTIER N (MLCHP.PA) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
CHRISTIAN POTIER N (MLCHP.PA) was trading in a strong 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 : 2.33, 2.56, 2.83, 2.97, 3.05, 3.16, 3.28, 3.36, 3.61, 4.00,.
Stock Support levels : 1.88,.