Today we will analyze the stock CHINA PWR NEW ENERG (ORR.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in CHINA PWR NEW ENERG (ORR.BE)
1- Last bullish trend was from 0.06 $ (2/11/2011) to 0.07 $ (2/15/2011) a 0.01 $ move 2- The current bearish trend started from 0.07 $ at 2/15/2011 and is currently trading at 0.06 $.
3- ORR.BE current support level is at 0.06 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- ORR.BE current resistance level is at 0.06 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CHINA PWR NEW ENERG (ORR.BE) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.060 $ and 0.070 $.

CHINA PWR NEW ENERG (ORR.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.060 $ and 0.070 $.

CHINA PWR NEW ENERG (ORR.BE) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.060 $ and 0.070 $.


Stock Trading Conclusion:
CHINA PWR NEW ENERG (ORR.BE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.062, 0.064, 0.065, 0.066, 0.068, 0.070,.
Stock Support levels : 0.057,.