Today we will analyze the stock TOMTOM (OEM.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in TOMTOM (OEM.BE)
1- Last bullish trend was from 5.70 $ (3/16/2011) to 6.32 $ (3/30/2011) a 0.62 $ move 2- The current bearish trend started from 6.32 $ at 3/30/2011 and is currently trading at 6.18 $.
3- OEM.BE current support level is at 6.17 which is the 23.60 % fibonacci retracement of the last 0.62 $ move.
4- OEM.BE current resistance level is at 6.32 which is the 0.00 % fibonacci retracement of the last 0.62 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
TOMTOM (OEM.BE) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 5.700 and 7.110,resistance between 6.320 and 7.720 which was broken up at 6.200.
TOMTOM (OEM.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 7.720 and 7.900, and is currently resisting at 7.525.
TOMTOM (OEM.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
TOMTOM (OEM.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 : 6.21, 6.23, 6.25, 6.27, 6.32, 7.52.
Stock Support levels : 6.17, 6.08, 6.01, 5.96, 5.94, 5.70, 5.53,.