Today we will analyze the stock PENN VA GP HLDGS (P4B.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PENN VA GP HLDGS (P4B.BE)
1- Last bullish trend was from 18.65 $ (2/25/2011) to 19.22 $ (3/9/2011) a 0.57 $ move 2- The current bearish trend started from 19.22 $ at 3/9/2011 and is currently trading at 18.54 $.
3- P4B.BE current support level is at 18.49 which is the 127.20 % fibonacci retracement of the last 0.57 $ move.
4- P4B.BE current resistance level is at 18.65 which is the 100.00 % fibonacci retracement of the last 0.57 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PENN VA GP HLDGS (P4B.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 19.220 and 19.790, and is currently resisting at 19.194.
PENN VA GP HLDGS (P4B.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 2.270 $ height triangle which was broken down at 18.750, target of the pattern is 16.480.
PENN VA GP HLDGS (P4B.BE) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 13.050 and 12.930,resistance between 14.410 and 14.260 which was broken up at 15.540.

Stock Trading Conclusion:
PENN VA GP HLDGS (P4B.BE) was trading in a bearish 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 : 18.65, 18.70, 18.80, 18.87, 18.88, 18.93, 18.96, 19.00, 19.09, 19.19, 19.22, 20.78.
Stock Support levels : 18.49, 18.30, 17.14,.