Today we will analyze the stock BANKERS PETROLEUM (OL2A.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in BANKERS PETROLEUM (OL2A.BE)
1- Last bearish trend was from 6.13 $ (4/1/2011) to 5.87 $ (4/7/2011) a 0.26 $ move 2- The current bullish trend started from 5.87 $ at 4/7/2011 and is currently trading at 6.45 $.
3- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
BANKERS PETROLEUM (OL2A.BE) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 5.870 and 5.520, and is currently supporting at 5.987.
BANKERS PETROLEUM (OL2A.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 5.520 .
6- The Stock formed a 1.530 $ height triangle which was broken up at 5.710, target of the pattern is 7.240.
BANKERS PETROLEUM (OL2A.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
BANKERS PETROLEUM (OL2A.BE) was trading in a bullish 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 : 7.24.
Stock Support levels : 6.31, 6.23, 6.16, 6.09, 5.99, 5.87, 5.53,.