Today we will analyze the stock FIRST STATE FINL (FB5.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in FIRST STATE FINL (FB5.BE)
1- Last bullish trend was from 0.22 $ (7/30/2009) to 0.26 $ (8/4/2009) a 0.04 $ move 2- The current bearish trend started from 0.26 $ at 8/4/2009 and is currently trading at 0.24 $.
3- FB5.BE current support level is at 0.24 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
4- FB5.BE current resistance level is at 0.24 which is the 50.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
FIRST STATE FINL (FB5.BE) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.260 and 0.290, and is currently resisting at 0.243.
FIRST STATE FINL (FB5.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.260 and 0.290, and is currently resisting at 0.243.
FIRST STATE FINL (FB5.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 0.290 and 0.300, and is currently resisting at 0.255.

Stock Trading Conclusion:
FIRST STATE FINL (FB5.BE) was trading in a bearish wave, which is becoming weaker .
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 : 0.243, 0.245, 0.248, 0.250, 0.251, 0.252, 0.255, 0.260,.
Stock Support levels : 0.235, 0.220, 0.209,.