Today we will analyze the stock THE GAME GROUP (G5P.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in THE GAME GROUP (G5P.BE)
1- Last bearish trend was from 0.68 $ (3/31/2011) to 0.55 $ (4/6/2011) a 0.13 $ move 2- The current bullish trend started from 0.55 $ at 4/6/2011 and is currently trading at 0.59 $.
3- G5P.BE current support level is at 0.58 which is the 23.60 % fibonacci retracement of the last 0.13 $ move.
4- G5P.BE current resistance level is at 0.60 which is the 38.20 % fibonacci retracement of the last 0.13 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
THE GAME GROUP (G5P.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.680 .
THE GAME GROUP (G5P.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.550 and 0.630,resistance between 0.680 and 0.820, the stock channel is currently supported from below by 0.534 and resisted from above by 0.648.
THE GAME GROUP (G5P.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.160 $ height triangle which was broken down at 0.760, target of the pattern is 0.600.

Stock Trading Conclusion:
THE GAME GROUP (G5P.BE) was trading in a bearish wave, which is becoming stronger .
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 : 0.600, 0.615, 0.630, 0.680, 0.715, 0.760, 0.919.
Stock Support levels : 0.581, 0.581, 0.575, 0.570, 0.565, 0.550,.