Today we will analyze the stock PROTEO (OTR.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PROTEO (OTR.BE)
1- Last bearish trend was from 0.45 $ (3/16/2011) to 0.40 $ (3/23/2011) a 0.05 $ move 2- The current bullish trend started from 0.40 $ at 3/23/2011 and is currently trading at 0.45 $.
3- OTR.BE current support level is at 0.45 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
4- OTR.BE current resistance level is at 0.46 which is the 127.20 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
PROTEO (OTR.BE) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 0.350 $ height triangle which was broken up at 0.450, target of the pattern is 0.800 which was broken down at 0.450, target of the pattern is 0.100.
PROTEO (OTR.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 0.350 $ height triangle which was broken up at 0.450, target of the pattern is 0.800 which was broken down at 0.450, target of the pattern is 0.100.
PROTEO (OTR.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 0.350 $ height triangle which was broken up at 0.450, target of the pattern is 0.800 which was broken down at 0.450, target of the pattern is 0.100.

Stock Trading Conclusion:
PROTEO (OTR.BE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.464, 0.481, 0.678, 0.800,.
Stock Support levels : 0.438, 0.431, 0.431, 0.425, 0.419, 0.412, 0.400, 0.343, 0.100,.