Today we will analyze the stock PHYNOVA GROUP (P4W.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PHYNOVA GROUP (P4W.BE)
1- Last bullish trend was from 8.84 $ (3/24/2011) to 9.17 $ (3/25/2011) a 0.33 $ move 2- The current bearish trend started from 9.17 $ at 3/25/2011 and is currently trading at 8.74 $.
3- P4W.BE current support level is at 8.64 which is the 161.80 % fibonacci retracement of the last 0.33 $ move.
4- P4W.BE current resistance level is at 8.75 which is the 127.20 % fibonacci retracement of the last 0.33 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PHYNOVA GROUP (P4W.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 3.020 $ height triangle which was broken up at 9.010, target of the pattern is 12.030 which was broken down at 9.010, target of the pattern is 5.990.
PHYNOVA GROUP (P4W.BE) Mid term stock chart patterns for internet stock trading :

None.
PHYNOVA GROUP (P4W.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PHYNOVA GROUP (P4W.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 : 8.75, 8.84, 8.84, 8.90, 8.95, 8.97, 9.01, 9.01, 9.04, 9.09, 9.17, 9.58, 12.03.
Stock Support levels : 8.66, 8.64,.