Today we will analyze the stock FONCIERE VOLTA (SPEL.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in FONCIERE VOLTA (SPEL.PA)
1- Last bullish trend was from 4.08 $ (1/13/2014) to 4.34 $ (1/16/2014) a 0.26 $ move 2- The current bearish trend started from 4.34 $ at 1/16/2014 and is currently trading at 4.04 $.
3- SPEL.PA current support level is at 4.01 which is the 127.20 % fibonacci retracement of the last 0.26 $ move.
4- SPEL.PA current resistance level is at 4.08 which is the 100.00 % fibonacci retracement of the last 0.26 $ 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.
FONCIERE VOLTA (SPEL.PA) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 4.080 that failed and formed a resistance.
7- The Stock formed a 0.420 $ height triangle which was broken up at 4.290, target of the pattern is 4.710 which was broken down at 4.050 in higher than usual volume, target of the pattern is 3.630.
FONCIERE VOLTA (SPEL.PA) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 4.080 that failed and formed a resistance.
9- The Stock formed a 0.420 $ height triangle which was broken up at 4.290, target of the pattern is 4.710 which was broken down at 4.050 in higher than usual volume, target of the pattern is 3.630.
FONCIERE VOLTA (SPEL.PA) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 4.480 .
11- The Stock formed a 0.500 $ height triangle which was broken down at 4.390, target of the pattern is 3.890.

Stock Trading Conclusion:
FONCIERE VOLTA (SPEL.PA) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 4.08, 4.10, 4.11, 4.15, 4.18, 4.19, 4.21, 4.23, 4.24, 4.28, 4.34, 4.45, 4.71, 4.94.
Stock Support levels : 4.01, 3.92, 3.89, 3.63, 3.30,.