Today we will analyze the stock O REILLY AUTOMOTIVE (OA3.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in O REILLY AUTOMOTIVE (OA3.BE)
1- Last bullish trend was from 40.53 $ (11/4/2010) to 47.56 $ (12/20/2010) a 7.03 $ move 2- The current bearish trend started from 47.56 $ at 12/20/2010 and is currently trading at 45.30 $.
3- OA3.BE current support level is at 44.87 which is the 38.20 % fibonacci retracement of the last 7.03 $ move.
4- OA3.BE current resistance level is at 45.90 which is the 23.60 % fibonacci retracement of the last 7.03 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
O REILLY AUTOMOTIVE (OA3.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 40.530 and 37.380 that was broken down at 47.280 transforming into a resistance line.
O REILLY AUTOMOTIVE (OA3.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 7.230 $ height triangle which was broken up at 41.040, target of the pattern is 48.270.
O REILLY AUTOMOTIVE (OA3.BE) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 35.320 and 22.970,resistance between 42.550 and 29.670, the stock channel is currently supported from below by 41.847 and resisted from above by 51.584.

Stock Trading Conclusion:
O REILLY AUTOMOTIVE (OA3.BE) was trading in a strong 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 : 45.83, 45.90, 46.16, 46.43, 46.70, 47.56, 48.27, 48.72.
Stock Support levels : 44.87, 44.04, 43.22, 40.53, 38.62, 37.88,.