Today we will analyze the stock ABSOLUTE SOFTWARE (OU1.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in ABSOLUTE SOFTWARE (OU1.BE)
1- Last bullish trend was from 2.64 $ (2/4/2011) to 2.75 $ (2/15/2011) a 0.11 $ move 2- The current bearish trend started from 2.75 $ at 2/15/2011 and is currently trading at 2.48 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
ABSOLUTE SOFTWARE (OU1.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.330 $ height triangle which was broken down at 2.750, target of the pattern is 2.420.
ABSOLUTE SOFTWARE (OU1.BE) Mid term stock chart patterns for internet stock trading :

None.
ABSOLUTE SOFTWARE (OU1.BE) Long term stock chart patterns for internet stock trading :

5- The Stock formed a 0.790 $ height triangle which was broken down at 2.530, target of the pattern is 1.740.

Stock Trading Conclusion:
ABSOLUTE SOFTWARE (OU1.BE) was trading in a bearish wave, which is becoming stronger .
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 : 2.54, 2.58, 2.62, 2.62, 2.65, 2.75, 4.00.
Stock Support levels : 2.42,.