Today we will analyze the stock OPTELECOM-NKF (OTM.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in OPTELECOM-NKF (OTM.BE)
1- Last bullish trend was from 0.88 $ (11/5/2010) to 1.82 $ (1/10/2011) a 0.94 $ move 2- The current bearish trend started from 1.82 $ at 1/10/2011 and is currently trading at 1.73 $.
3- OTM.BE current support level is at 1.60 which is the 23.60 % fibonacci retracement of the last 0.94 $ move.
4- OTM.BE current resistance level is at 1.82 which is the 0.00 % fibonacci retracement of the last 0.94 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
OPTELECOM-NKF (OTM.BE) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.880 and 0.870, and is currently supporting at 0.975.
OPTELECOM-NKF (OTM.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.990 and 1.030 that was broken up at 0.940 transforming into a supporting line.
OPTELECOM-NKF (OTM.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 0.990 and 1.030 that was broken up at 0.940 transforming into a supporting line.

Stock Trading Conclusion:
OPTELECOM-NKF (OTM.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 : 1.75, 1.76, 1.78, 1.79, 1.82,.
Stock Support levels : 1.60, 1.46, 1.35, 1.24, 0.97, 0.88, 0.62, 0.35,.