Today we will analyze the stock OVS.SHIPHOLD.GRP. (OV6.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in OVS.SHIPHOLD.GRP. (OV6.BE)
1- Last bullish trend was from 21.16 $ (3/21/2011) to 22.94 $ (3/31/2011) a 1.78 $ move 2- The current bearish trend started from 22.94 $ at 3/31/2011 and is currently trading at 21.33 $.
3- OV6.BE current support level is at 21.16 which is the 100.00 % fibonacci retracement of the last 1.78 $ move.
4- OV6.BE current resistance level is at 21.84 which is the 61.80 % fibonacci retracement of the last 1.78 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
OVS.SHIPHOLD.GRP. (OV6.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 22.940 and 23.560, and is currently resisting at 22.606.
OVS.SHIPHOLD.GRP. (OV6.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 22.940 and 25.680, and is currently resisting at 22.279.
OVS.SHIPHOLD.GRP. (OV6.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 25.680 and 28.310, and is currently resisting at 22.415.

Stock Trading Conclusion:
OVS.SHIPHOLD.GRP. (OV6.BE) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 21.71, 21.84, 21.95, 22.05, 22.14, 22.26, 22.28, 22.32, 22.42, 22.52, 22.61, 22.94, 23.56.
Stock Support levels : 21.16, 20.68,.