Today we will analyze the stock PARTYGAMING (P2G1.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PARTYGAMING (P2G1.BE)
1- Last bullish trend was from 2.10 $ (3/30/2011) to 2.30 $ (4/5/2011) a 0.20 $ move 2- The current bearish trend started from 2.30 $ at 4/5/2011 and is currently trading at 1.51 $.
3- 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.
PARTYGAMING (P2G1.BE) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 2.300 and 26.250 that was broken up at 1.930 transforming into a supporting line.
PARTYGAMING (P2G1.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 2.300 and 26.250 that was broken up at 1.930 transforming into a supporting line.
PARTYGAMING (P2G1.BE) Long term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.300 and 26.250 that was broken up at 1.930 transforming into a supporting line.

Stock Trading Conclusion:
PARTYGAMING (P2G1.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 : 1.70, 1.81, 1.90, 2.00, 2.30.
Stock Support levels : -13.67,.