Today we will analyze the stock TESSI (TES.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in TESSI (TES.PA)
1- Last bullish trend was from 75.22 $ (2/16/2012) to 83.21 $ (3/15/2012) a 7.99 $ move 2- The current bearish trend started from 83.21 $ at 3/15/2012 and is currently trading at 78.34 $.
3- TES.PA current support level is at 78.27 which is the 61.80 % fibonacci retracement of the last 7.99 $ move.
4- TES.PA current resistance level is at 79.21 which is the 50.00 % fibonacci retracement of the last 7.99 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
TESSI (TES.PA) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 75.220 and 69.800 that was broken down at 75.790 transforming into a resistance line.
TESSI (TES.PA) Mid term stock chart patterns for internet stock trading :

None.
TESSI (TES.PA) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 63.130 and 73.400 that was broken up at 59.490 transforming into a supporting line.

Stock Trading Conclusion:
TESSI (TES.PA) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 79.21, 79.49, 80.16, 80.20, 80.77, 81.32, 81.35, 83.21, 99.16.
Stock Support levels : 78.27, 75.22, 73.05, 70.28,.