Today we will analyze the stock OVERS.UNION ENTERPR (OUE.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in OVERS.UNION ENTERPR (OUE.BE)
1- Last bearish trend was from 9.54 $ (6/14/2010) to 6.64 $ (6/18/2010) a 2.90 $ move 2- The current bullish trend started from 6.64 $ at 6/18/2010 and is currently trading at 7.45 $.
3- OUE.BE current support level is at 7.32 which is the 23.60 % fibonacci retracement of the last 2.90 $ move.
4- OUE.BE current resistance level is at 7.75 which is the 38.20 % fibonacci retracement of the last 2.90 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
OVERS.UNION ENTERPR (OUE.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 9.540 and 9.650, and is currently resisting at 9.183.
OVERS.UNION ENTERPR (OUE.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 9.540 and 9.650, and is currently resisting at 9.183.
OVERS.UNION ENTERPR (OUE.BE) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 6.640 and 8.530,resistance between 9.650 and 10.840 which was broken up at 7.450.

Stock Trading Conclusion:
OVERS.UNION ENTERPR (OUE.BE) was trading in a strong 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 : 7.75, 8.09, 8.43, 9.18, 9.54, 10.33, 11.33.
Stock Support levels : 7.32, 7.26, 7.14, 7.05, 6.95, 6.76, 6.64,.