PIAGGIO & C (Stuttgart: P1I.SG) (ETR:P1I) Stock Research Trends Targets and Technical Analysis - Stuttgart market stock exchange [en]

Today we will analyze the stock PIAGGIO and C (P1I.SG) for internet stock trading in the SG stock market,
Stock Technical indicators to notice in PIAGGIO and C (P1I.SG)
1- Last bearish trend was from 2.28 $ (3/8/2010) to 2.19 $ (3/9/2010) a 0.09 $ move 2- The current bullish trend started from 2.19 $ at 3/9/2010 and is currently trading at 2.28 $. 3- P1I.SG current support level is at 2.28 which is the 100.00 % fibonacci retracement of the last 0.09 $ move.
4- P1I.SG current resistance level is at 2.30 which is the 127.20 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, 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.
PIAGGIO and C (P1I.SG) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 2.190 .
7- The Stock formed a 0.110 $ height triangle which was broken up at 2.280, target of the pattern is 2.390.
PIAGGIO and C (P1I.SG) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.740 and 1.690, and is currently supporting at 1.761.
PIAGGIO and C (P1I.SG) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 1.740 and 1.690, and is currently supporting at 1.761.

Stock Trading Conclusion:
PIAGGIO and C (P1I.SG) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 2.30, 2.34, 2.39.
Stock Support levels : 2.26, 2.25, 2.25, 2.24, 2.22, 2.21, 2.19, 2.18, 1.76,.