Today we will analyze the stock PAYOM SOLAR (P1Y.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PAYOM SOLAR (P1Y.BE)
1- Last bullish trend was from 9.29 $ (4/1/2011) to 9.95 $ (4/4/2011) a 0.66 $ move 2- The current bearish trend started from 9.95 $ at 4/4/2011 and is currently trading at 9.20 $.
3- P1Y.BE current support level is at 9.11 which is the 127.20 % fibonacci retracement of the last 0.66 $ move.
4- P1Y.BE current resistance level is at 9.29 which is the 100.00 % fibonacci retracement of the last 0.66 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PAYOM SOLAR (P1Y.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 3.330 $ height triangle which was broken up at 9.880, target of the pattern is 13.210 which was broken down at 9.480, target of the pattern is 6.150.
PAYOM SOLAR (P1Y.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 3.330 $ height triangle which was broken up at 9.880, target of the pattern is 13.210 which was broken down at 9.480, target of the pattern is 6.150.
PAYOM SOLAR (P1Y.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 7.300 and 6.730, and is currently supporting at 7.633.

Stock Trading Conclusion:
PAYOM SOLAR (P1Y.BE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 9.29, 9.38, 9.49, 9.54, 9.57, 9.62, 9.66, 9.70, 9.79, 9.89, 9.95, 13.21,.
Stock Support levels : 9.11, 8.88, 8.50, 7.63, 6.15,.