Today we will analyze the stock SIPH (SIPH.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in SIPH (SIPH.PA)
1- Last bullish trend was from 48.00 $ (2/11/2014) to 49.50 $ (2/27/2014) a 1.50 $ move 2- The current bearish trend started from 49.50 $ at 2/27/2014 and is currently trading at 47.20 $.
3- SIPH.PA current support level is at 47.07 which is the 161.80 % fibonacci retracement of the last 1.50 $ move.
4- SIPH.PA current resistance level is at 47.59 which is the 127.20 % fibonacci retracement of the last 1.50 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
SIPH (SIPH.PA) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 48.000 and 53.120,resistance between 49.500 and 55.500, the stock channel is currently supported from below by 43.770 and resisted from above by 48.000.
SIPH (SIPH.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 56.300 and 59.170, and is currently resisting at 54.594.
SIPH (SIPH.PA) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 56.300 and 59.170, and is currently resisting at 54.594.

Stock Trading Conclusion:
SIPH (SIPH.PA) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 47.59, 47.74, 48.00, 48.08, 48.35, 48.57, 48.62, 48.75, 48.93, 49.15, 49.50, 54.59,.
Stock Support levels : 47.07.