Today we will analyze the stock PO VALLEY ENERGY (OXK.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PO VALLEY ENERGY (OXK.BE)
1- Last bearish trend was from 0.16 $ (3/25/2011) to 0.15 $ (4/7/2011) a 0.01 $ move 2- The current bullish trend started from 0.15 $ at 4/7/2011 and is currently trading at 0.16 $.
3- OXK.BE current support level is at 0.16 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- OXK.BE current resistance level is at 0.16 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
PO VALLEY ENERGY (OXK.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.150 .
7- The Stock formed a 0.040 $ height triangle which was broken up at 0.150, target of the pattern is 0.190.
PO VALLEY ENERGY (OXK.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.150 .
9- The Stock formed a 0.040 $ height triangle which was broken up at 0.150, target of the pattern is 0.190.
PO VALLEY ENERGY (OXK.BE) Long term stock chart patterns for internet stock trading :

10- The Stock formed a 0.060 $ height triangle which was broken down at 0.170, target of the pattern is 0.110.

Stock Trading Conclusion:
PO VALLEY ENERGY (OXK.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 : 0.163, 0.166, 0.186, 0.190,.
Stock Support levels : 0.158, 0.156, 0.155, 0.154, 0.152, 0.150, 0.132,.