Today we will analyze the stock PAN AFRICAN MINING (P2A.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PAN AFRICAN MINING (P2A.BE)
1- Last bullish trend was from 2.44 $ (6/10/2008) to 2.91 $ (6/19/2008) a 0.47 $ move 2- The current bearish trend started from 2.91 $ at 6/19/2008 and is currently trading at 2.82 $.
3- P2A.BE current support level is at 2.80 which is the 23.60 % fibonacci retracement of the last 0.47 $ move.
4- P2A.BE current resistance level is at 2.91 which is the 0.00 % fibonacci retracement of the last 0.47 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PAN AFRICAN MINING (P2A.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 2.440 and 2.250, and is currently supporting at 2.514.
PAN AFRICAN MINING (P2A.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.270 and 1.220, and is currently supporting at 1.607.
PAN AFRICAN MINING (P2A.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.220 and 1.150, and is currently supporting at 1.409.

Stock Trading Conclusion:
PAN AFRICAN MINING (P2A.BE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 2.84, 2.85, 2.87, 2.88, 2.91,.
Stock Support levels : 2.80, 2.73, 2.68, 2.62, 2.51, 2.44, 2.31, 2.15, 1.61,.