Today we will analyze the stock MAMUT (BBW.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in MAMUT (BBW.BE)
1- Last bullish trend was from 1.03 $ (2/8/2011) to 1.11 $ (2/25/2011) a 0.08 $ move 2- The current bearish trend started from 1.11 $ at 2/25/2011 and is currently trading at 1.03 $.
3- BBW.BE current support level is at 1.01 which is the 127.20 % fibonacci retracement of the last 0.08 $ move.
4- BBW.BE current resistance level is at 1.03 which is the 100.00 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
MAMUT (BBW.BE) Short term stock chart patterns for internet stock trading :

None.
MAMUT (BBW.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 1.110 .
7- The Stock formed a 0.160 $ height triangle which was broken down at 1.060, target of the pattern is 0.900.
MAMUT (BBW.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.950 and 0.780 that was broken down at 1.050 transforming into a resistance line.

Stock Trading Conclusion:
MAMUT (BBW.BE) was trading in a bullish 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 : 1.05, 1.06, 1.07, 1.08, 1.09, 1.10, 1.11, 1.19.
Stock Support levels : 1.01, 0.98,.