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 bearish trend was from 2.00 $ (1/5/2012) to 1.50 $ (1/31/2012) a 0.50 $ move 2- The current bullish trend started from 1.50 $ at 1/31/2012 and is currently trading at 2.11 $.
3- MLCHP.PA current support level is at 2.00 which is the 100.00 % fibonacci retracement of the last 0.50 $ move.
4- MLCHP.PA current resistance level is at 2.14 which is the 127.20 % fibonacci retracement of the last 0.50 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
CHRISTIAN POTIER N (MLCHP.PA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 2.000 that failed, and formed a support .
CHRISTIAN POTIER N (MLCHP.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 2.000 that failed, and formed a support .
CHRISTIAN POTIER N (MLCHP.PA) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 2.000 that failed, and formed a support .

Stock Trading Conclusion:
CHRISTIAN POTIER N (MLCHP.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 : 2.14, 2.31.
Stock Support levels : 2.00, 1.97, 1.88, 1.81, 1.80, 1.80, 1.75, 1.73, 1.69, 1.62, 1.50,.