Today we will analyze the stock OXIGENE (OXG.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in OXIGENE (OXG.BE)
1- Last bullish trend was from 0.10 $ (2/7/2011) to 0.11 $ (2/10/2011) a 0.01 $ move 2- The current bearish trend started from 0.11 $ at 2/10/2011 and is currently trading at 0.10 $.
3- OXG.BE current support level is at 0.10 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- OXG.BE current resistance level is at 0.10 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
OXIGENE (OXG.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.110 and 0.170 that was broken up at 0.100 transforming into a supporting line.
OXIGENE (OXG.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.110 and 0.170 that was broken up at 0.100 transforming into a supporting line.
OXIGENE (OXG.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.110 and 0.170 that was broken up at 0.100 transforming into a supporting line.

Stock Trading Conclusion:
OXIGENE (OXG.BE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.102, 0.104, 0.105, 0.106, 0.108, 0.110,.
Stock Support levels : 0.097, 0.094, 0.089,.