Today we will analyze the stock PANKL and HOFMANN (PHO.VI) for internet stock trading in the VI stock market,
Stock Technical indicators to notice in PANKL and HOFMANN (PHO.VI)
1- Last bearish trend was from 29.96 $ (12/29/2009) to 1.03 $ (12/30/2009) a 28.93 $ move 2- The current bullish trend started from 1.03 $ at 12/30/2009 and is currently trading at 29.99 $.
3- PHO.VI current support level is at 29.96 which is the 100.00 % fibonacci retracement of the last 28.93 $ move.
4- PHO.VI current resistance level is at 37.83 which is the 127.20 % fibonacci retracement of the last 28.93 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
PANKL and HOFMANN (PHO.VI) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 29.960 that failed, and formed a support .
7- The Stock was resisted by a resistance line, identified by two points: 29.960 and 29.980 that was broken up at 29.960 transforming into a supporting line.
PANKL and HOFMANN (PHO.VI) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 29.960 that failed, and formed a support .
9- The Stock was resisted by a resistance line, identified by two points: 29.960 and 29.980 that was broken up at 29.960 transforming into a supporting line.
PANKL and HOFMANN (PHO.VI) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 29.960 that failed, and formed a support .
11- The Stock was resisted by a resistance line, identified by two points: 29.960 and 29.980 that was broken up at 29.960 transforming into a supporting line.

Stock Trading Conclusion:
PANKL and HOFMANN (PHO.VI) 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 : 37.83, 47.84.
Stock Support levels : 29.96, 29.96, 29.95, 23.16, 18.93, 18.91, 15.51, 15.49, 12.09, 12.08, 7.86, 1.03,.