Today we will analyze the stock CHESSER RESOURCES (OZM.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in CHESSER RESOURCES (OZM.BE)
1- Last bearish trend was from 0.50 $ (3/30/2011) to 0.46 $ (4/4/2011) a 0.04 $ move 2- The current bullish trend started from 0.46 $ at 4/4/2011 and is currently trading at 0.49 $.
3- OZM.BE current support level is at 0.48 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
4- OZM.BE current resistance level is at 0.50 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
CHESSER RESOURCES (OZM.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.500 and 0.520 that was broken up at 0.490 transforming into a supporting line.
CHESSER RESOURCES (OZM.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.500 and 0.520 that was broken up at 0.490 transforming into a supporting line.
CHESSER RESOURCES (OZM.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.520 and 0.750 that was broken up at 0.470 transforming into a supporting line.

Stock Trading Conclusion:
CHESSER RESOURCES (OZM.BE) was trading in a 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 : 0.500, 0.511, 0.525.
Stock Support levels : 0.485, 0.483, 0.480, 0.479, 0.475, 0.475, 0.473, 0.471, 0.469, 0.460,.