Today we will analyze the stock POWEL (P3A.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in POWEL (P3A.BE)
1- Last bullish trend was from 1.57 $ (9/3/2009) to 1.70 $ (10/15/2009) a 0.13 $ move 2- The current bearish trend started from 1.70 $ at 10/15/2009 and is currently trading at 1.67 $.
3- P3A.BE current support level is at 1.67 which is the 23.60 % fibonacci retracement of the last 0.13 $ move.
4- P3A.BE current resistance level is at 1.70 which is the 0.00 % fibonacci retracement of the last 0.13 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
POWEL (P3A.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.570 and 1.560, and is currently supporting at 1.618.
POWEL (P3A.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.570 and 1.560, and is currently supporting at 1.618.
POWEL (P3A.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.070 and 2.210, and is currently resisting at 1.703.

Stock Trading Conclusion:
POWEL (P3A.BE) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 1.68, 1.68, 1.68, 1.69, 1.70, 1.70.
Stock Support levels : 1.67, 1.65, 1.63, 1.62, 1.62, 1.57, 1.53,.