Today we will analyze the stock ALLG BAUGES PORR (POS.VI) for internet stock trading in the VI stock market,
Stock Technical indicators to notice in ALLG BAUGES PORR (POS.VI)
1- Last bullish trend was from 100.00 $ (4/23/2012) to 104.00 $ (5/7/2012) a 4.00 $ move 2- The current bearish trend started from 104.00 $ at 5/7/2012 and is currently trading at 99.15 $.
3- POS.VI current support level is at 98.91 which is the 127.20 % fibonacci retracement of the last 4.00 $ move.
4- POS.VI current resistance level is at 100.00 which is the 100.00 % fibonacci retracement of the last 4.00 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
ALLG BAUGES PORR (POS.VI) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 100.000 and 107.800,resistance between 104.000 and 113.950, the stock channel is currently supported from below by 94.800 and resisted from above by 103.567.
ALLG BAUGES PORR (POS.VI) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 116.000 and 121.000,resistance between 124.900 and 128.800 which was broken down at 114.000 in higher than usual volume.
ALLG BAUGES PORR (POS.VI) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 115.000 and 111.000 that was broken down at 122.900 transforming into a resistance line.

Stock Trading Conclusion:
ALLG BAUGES PORR (POS.VI) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 100.00, 100.29, 101.00, 101.53, 101.57, 102.00, 102.15, 102.47, 103.06, 104.00, 113.56, 134.78.
Stock Support levels : 98.91,.