Today we will analyze the stock PC MALL (CVR.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PC MALL (CVR.BE)
1- Last bullish trend was from 6.51 $ (3/18/2011) to 7.29 $ (4/1/2011) a 0.78 $ move 2- The current bearish trend started from 7.29 $ at 4/1/2011 and is currently trading at 6.69 $.
3- CVR.BE current support level is at 6.51 which is the 100.00 % fibonacci retracement of the last 0.78 $ move.
4- CVR.BE current resistance level is at 6.81 which is the 61.80 % fibonacci retracement of the last 0.78 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PC MALL (CVR.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 7.290 .
PC MALL (CVR.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 7.290 .
PC MALL (CVR.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 6.510 and 4.960 that was broken down at 6.750 transforming into a resistance line.

Stock Trading Conclusion:
PC MALL (CVR.BE) was trading in a 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 : 6.81, 6.83, 6.90, 6.92, 6.99, 6.99, 7.06, 7.11, 7.18, 7.29, 7.30,.
Stock Support levels : 6.51, 6.30,.