Today we will analyze the stock ASIAN DRAGON GRP (P2J1.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in ASIAN DRAGON GRP (P2J1.BE)
1- Last bearish trend was from 0.04 $ (1/20/2011) to 0.01 $ (2/4/2011) a 0.03 $ move 2- The current bullish trend started from 0.01 $ at 2/4/2011 and is currently trading at 0.03 $.
3- P2J1.BE current support level is at 0.03 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
4- P2J1.BE current resistance level is at 0.04 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
ASIAN DRAGON GRP (P2J1.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.040 .
ASIAN DRAGON GRP (P2J1.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.040 .
ASIAN DRAGON GRP (P2J1.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.040 .

Stock Trading Conclusion:
ASIAN DRAGON GRP (P2J1.BE) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.040, 0.048, 0.059.
Stock Support levels : 0.029, 0.025, 0.025, 0.022, 0.021, 0.020, 0.018, 0.017, 0.010,.