Today we will analyze the stock OSAKA GAS (OSA.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in OSAKA GAS (OSA.BE)
1- Last bullish trend was from 2.31 $ (3/15/2011) to 2.79 $ (3/28/2011) a 0.48 $ move 2- The current bearish trend started from 2.79 $ at 3/28/2011 and is currently trading at 2.54 $.
3- OSA.BE current support level is at 2.49 which is the 61.80 % fibonacci retracement of the last 0.48 $ move.
4- OSA.BE current resistance level is at 2.55 which is the 50.00 % fibonacci retracement of the last 0.48 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
6- Bullish Divergance in MACD Indicator .
OSAKA GAS (OSA.BE) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 2.790 .
OSAKA GAS (OSA.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.790 and 2.890, and is currently resisting at 2.774.
OSAKA GAS (OSA.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 2.790 and 2.890, and is currently resisting at 2.774.

Stock Trading Conclusion:
OSAKA GAS (OSA.BE) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 2.55, 2.60, 2.61, 2.64, 2.66, 2.68, 2.69, 2.77, 2.79, 2.79.
Stock Support levels : 2.49, 2.31, 2.18,.