Today we will analyze the stock TEEKAY PETROJARL (P5F.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in TEEKAY PETROJARL (P5F.BE)
1- Last bullish trend was from 8.16 $ (6/12/2008) to 8.72 $ (6/13/2008) a 0.56 $ move 2- The current bearish trend started from 8.72 $ at 6/13/2008 and is currently trading at 8.14 $.
3- P5F.BE current support level is at 8.01 which is the 127.20 % fibonacci retracement of the last 0.56 $ move.
4- P5F.BE current resistance level is at 8.16 which is the 100.00 % fibonacci retracement of the last 0.56 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
TEEKAY PETROJARL (P5F.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.090 $ height triangle which was broken up at 8.140, target of the pattern is 9.230 which was broken down at 8.200, target of the pattern is 7.110.
TEEKAY PETROJARL (P5F.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 1.090 $ height triangle which was broken up at 8.140, target of the pattern is 9.230 which was broken down at 8.200, target of the pattern is 7.110.
TEEKAY PETROJARL (P5F.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
TEEKAY PETROJARL (P5F.BE) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 8.16, 8.28, 8.36, 8.37, 8.43, 8.44, 8.50, 8.51, 8.59, 8.72, 8.93, 9.23,.
Stock Support levels : 8.01, 7.81, 7.11, 6.86,.