Today we will analyze the stock EURONAV (OCW.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in EURONAV (OCW.BE)
1- Last bearish trend was from 13.08 $ (2/21/2011) to 10.87 $ (4/1/2011) a 2.21 $ move 2- The current bullish trend started from 10.87 $ at 4/1/2011 and is currently trading at 11.19 $.
3- OCW.BE current support level is at 10.87 which is the 0.00 % fibonacci retracement of the last 2.21 $ move.
4- OCW.BE current resistance level is at 11.39 which is the 23.60 % fibonacci retracement of the last 2.21 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
EURONAV (OCW.BE) Short term stock chart patterns for internet stock trading :

None.
EURONAV (OCW.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 11.710 and 11.460,resistance between 13.080 and 12.820 which was broken down at 11.870.
EURONAV (OCW.BE) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 13.080 and 14.470, and is currently resisting at 12.539.

Stock Trading Conclusion:
EURONAV (OCW.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 : 11.39, 11.71, 11.98, 12.07, 12.24, 12.54, 13.08, 13.68, 14.45.
Stock Support levels : 11.11, 11.07, 11.03, 10.99, 10.87,.