Today we will analyze the stock BCY RESOURCES (OU7.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in BCY RESOURCES (OU7.BE)
1- Last bearish trend was from 0.08 $ (3/10/2011) to 0.06 $ (3/11/2011) a 0.02 $ move 2- The current bullish trend started from 0.06 $ at 3/11/2011 and is currently trading at 0.07 $.
3- OU7.BE current support level is at 0.07 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
4- OU7.BE current resistance level is at 0.07 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
BCY RESOURCES (OU7.BE) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.060 $ and 0.080 $.

BCY RESOURCES (OU7.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.060 $ and 0.080 $.

BCY RESOURCES (OU7.BE) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.060 $ and 0.080 $.


Stock Trading Conclusion:
BCY RESOURCES (OU7.BE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.072, 0.080, 0.085, 0.092.
Stock Support levels : 0.068, 0.066, 0.065, 0.065, 0.064, 0.060,.