Today we will analyze the stock SELWYN RESOURCES (P3Z.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in SELWYN RESOURCES (P3Z.BE)
1- Last bullish trend was from 0.20 $ (4/6/2011) to 0.21 $ (4/8/2011) a 0.01 $ move 2- The current bearish trend started from 0.21 $ at 4/8/2011 and is currently trading at 0.20 $.
3- P3Z.BE current support level is at 0.20 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- P3Z.BE current resistance level is at 0.20 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 becoming weaker.
6- Bullish Divergance in MACD Indicator .
SELWYN RESOURCES (P3Z.BE) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 0.030 $ height triangle which was broken down at 0.200, target of the pattern is 0.170.
SELWYN RESOURCES (P3Z.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.220 and 0.230, and is currently resisting at 0.213.
SELWYN RESOURCES (P3Z.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 0.220 and 0.230, and is currently resisting at 0.213.

Stock Trading Conclusion:
SELWYN RESOURCES (P3Z.BE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.202, 0.204, 0.205, 0.206, 0.208, 0.208, 0.210, 0.213, 0.230, 0.250.
Stock Support levels : 0.197, 0.194,.