Today we will analyze the stock PLUTONIC POWER (L9F.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PLUTONIC POWER (L9F.BE)
1- Last bullish trend was from 1.75 $ (3/16/2011) to 1.98 $ (3/24/2011) a 0.23 $ move 2- The current bearish trend started from 1.98 $ at 3/24/2011 and is currently trading at 1.70 $.
3- L9F.BE current support level is at 1.69 which is the 127.20 % fibonacci retracement of the last 0.23 $ move.
4- L9F.BE current resistance level is at 1.75 which is the 100.00 % fibonacci retracement of the last 0.23 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PLUTONIC POWER (L9F.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.750 and 1.620 that was broken down at 1.850 transforming into a resistance line.
PLUTONIC POWER (L9F.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.750 and 1.620 that was broken down at 1.850 transforming into a resistance line.
PLUTONIC POWER (L9F.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.620 and 1.420 that was broken down at 1.700 transforming into a resistance line.

Stock Trading Conclusion:
PLUTONIC POWER (L9F.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 : 1.72, 1.75, 1.77, 1.81, 1.84, 1.84, 1.87, 1.87, 1.89, 1.93, 1.98, 2.01,.
Stock Support levels : 1.69,.