Today we will analyze the stock ONWARD HOLDINGS (OWK.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in ONWARD HOLDINGS (OWK.BE)
1- Last bullish trend was from 5.09 $ (3/28/2011) to 5.32 $ (3/30/2011) a 0.23 $ move 2- The current bearish trend started from 5.32 $ at 3/30/2011 and is currently trading at 4.80 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
ONWARD HOLDINGS (OWK.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.810 $ height triangle which was broken down at 5.140, target of the pattern is 4.330.
ONWARD HOLDINGS (OWK.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 4.800 and 6.250,resistance between 5.610 and 6.890, the stock channel is currently supported from below by 3.984 and resisted from above by 4.822.
ONWARD HOLDINGS (OWK.BE) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 4.800 and 6.250,resistance between 5.610 and 6.890, the stock channel is currently supported from below by 3.984 and resisted from above by 4.822.

Stock Trading Conclusion:
ONWARD HOLDINGS (OWK.BE) was trading in a strong 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 : 4.92, 5.00, 5.06, 5.12, 5.32, 5.38, 6.28.
Stock Support levels : 4.33.