Today we will analyze the stock CITEFIBRE (MLCIT.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in CITEFIBRE (MLCIT.PA)
1- Last bullish trend was from 15.65 $ (10/2/2008) to 18.00 $ (10/15/2008) a 2.35 $ move 2- The current bearish trend started from 18.00 $ at 10/15/2008 and is currently trading at 15.58 $.
3- MLCIT.PA current support level is at 15.01 which is the 127.20 % fibonacci retracement of the last 2.35 $ move.
4- MLCIT.PA current resistance level is at 15.65 which is the 100.00 % fibonacci retracement of the last 2.35 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
CITEFIBRE (MLCIT.PA) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 9.000 $ height triangle which was broken up at 15.590, target of the pattern is 24.590 which was broken down at 15.600, target of the pattern is 6.600.
CITEFIBRE (MLCIT.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 9.000 $ height triangle which was broken up at 15.590, target of the pattern is 24.590 which was broken down at 15.600, target of the pattern is 6.600.
CITEFIBRE (MLCIT.PA) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 9.000 $ height triangle which was broken up at 15.590, target of the pattern is 24.590 which was broken down at 15.600, target of the pattern is 6.600.

Stock Trading Conclusion:
CITEFIBRE (MLCIT.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 : 15.65, 16.15, 16.50, 16.55, 16.79, 16.83, 17.08, 17.10, 17.45, 18.00, 24.59, 24.76,.
Stock Support levels : 15.01, 14.20, 6.60, 0.19,.