Today we will analyze the stock PEUGEOT (UG.PA) for internet stock trading in the PA stock market,
Stock Technical indicators to notice in PEUGEOT (UG.PA)
1- Last bullish trend was from 8.66 $ (4/23/2012) to 9.34 $ (4/25/2012) a 0.68 $ move 2- The current bearish trend started from 9.34 $ at 4/25/2012 and is currently trading at 8.33 $.
3- UG.PA current support level is at 8.24 which is the 161.80 % fibonacci retracement of the last 0.68 $ move.
4- UG.PA current resistance level is at 8.48 which is the 127.20 % fibonacci retracement of the last 0.68 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
PEUGEOT (UG.PA) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 9.340 and 13.760 that was broken up at 9.090 transforming into a supporting line.
PEUGEOT (UG.PA) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 9.340 and 13.760 that was broken up at 9.090 transforming into a supporting line.
PEUGEOT (UG.PA) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 11.690 and 13.890,resistance between 13.760 and 16.120, the stock channel is currently supported from below by 6.602 and resisted from above by 9.696.

Stock Trading Conclusion:
PEUGEOT (UG.PA) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 8.48, 8.57, 8.66, 8.72, 8.84, 8.92, 8.95, 9.00, 9.08, 9.18, 9.34,.
Stock Support levels : 8.28,.