Today we will analyze the stock ONYX PHARM (OX1.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in ONYX PHARM (OX1.BE)
1- Last bullish trend was from 23.95 $ (3/30/2011) to 24.69 $ (3/31/2011) a 0.74 $ move 2- The current bearish trend started from 24.69 $ at 3/31/2011 and is currently trading at 23.36 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
ONYX PHARM (OX1.BE) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 24.690 and 25.380, and is currently resisting at 24.000.
ONYX PHARM (OX1.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 26.100 and 27.450, and is currently resisting at 23.625.
ONYX PHARM (OX1.BE) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 9.610 $ height triangle which was broken down at 25.530, target of the pattern is 15.920.

Stock Trading Conclusion:
ONYX PHARM (OX1.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 : 23.63, 23.67, 23.87, 24.00, 24.03, 24.18, 24.69, 29.05.
Stock Support levels : 15.92.