Today we will analyze the stock PUBLICIS GROUPE S.A. (PUBGY.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in PUBLICIS GROUPE S.A. (PUBGY.PK)
1- Last bullish trend was from 24.95 $ (4/23/2012) to 25.89 $ (4/27/2012) a 0.94 $ move 2- The current bearish trend started from 25.89 $ at 4/27/2012 and is currently trading at 24.38 $.
3- PUBGY.PK current support level is at 24.37 which is the 161.80 % fibonacci retracement of the last 0.94 $ move.
4- PUBGY.PK current resistance level is at 24.69 which is the 127.20 % fibonacci retracement of the last 0.94 $ move.
5- According to ADX Indicator, the trend is currently 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.
PUBLICIS GROUPE S.A. (PUBGY.PK) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 24.950 and 25.880,resistance between 25.890 and 27.240, the stock channel is currently supported from below by 23.710 and resisted from above by 24.908.
PUBLICIS GROUPE S.A. (PUBGY.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 21.730 and 21.520, and is currently supporting at 22.928.
PUBLICIS GROUPE S.A. (PUBGY.PK) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 21.520 and 20.330,resistance between 28.490 and 26.010 which was broken down at 24.380 in higher than usual volume.

Stock Trading Conclusion:
PUBLICIS GROUPE S.A. (PUBGY.PK) was trading in a 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 : 24.60, 24.69, 24.74, 24.95, 24.96, 25.14, 25.31, 25.31, 25.42, 25.53, 25.67, 25.89,.
Stock Support levels : 24.37,.