Today we will analyze the stock PETROJACK (P3J.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PETROJACK (P3J.BE)
1- Last bearish trend was from 0.13 $ (3/26/2010) to 0.12 $ (3/29/2010) a 0.01 $ move 2- The current bullish trend started from 0.12 $ at 3/29/2010 and is currently trading at 0.13 $.
3- P3J.BE current support level is at 0.13 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- P3J.BE current resistance level is at 0.13 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PETROJACK (P3J.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.120 and 0.060 that was broken down at 0.130 transforming into a resistance line.
PETROJACK (P3J.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.120 and 0.060 that was broken down at 0.130 transforming into a resistance line.
PETROJACK (P3J.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.120 and 0.420 that was broken up at 0.070 transforming into a supporting line.

Stock Trading Conclusion:
PETROJACK (P3J.BE) was trading in a 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 : 0.133, 0.136, 0.152,.
Stock Support levels : 0.128, 0.126, 0.125, 0.124, 0.122, 0.120,.