Today we will analyze the stock PME GRP (P2M.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PME GRP (P2M.BE)
1- Last bullish trend was from 0.05 $ (3/10/2011) to 0.06 $ (3/14/2011) a 0.01 $ move 2- The current bearish trend started from 0.06 $ at 3/14/2011 and is currently trading at 0.05 $.
3- P2M.BE current support level is at 0.05 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- P2M.BE current resistance level is at 0.05 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PME GRP (P2M.BE) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.050 $ and 0.060 $.

PME GRP (P2M.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.050 $ and 0.060 $.

PME GRP (P2M.BE) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.050 $ and 0.060 $.


Stock Trading Conclusion:
PME GRP (P2M.BE) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.052, 0.054, 0.055, 0.056, 0.058, 0.060,.
Stock Support levels : 0.047,.