Today we will analyze the stock PARKSON RETAIL GP (P5I.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PARKSON RETAIL GP (P5I.BE)
1- Last bullish trend was from 0.87 $ (6/25/2008) to 0.93 $ (6/27/2008) a 0.06 $ move 2- The current bearish trend started from 0.93 $ at 6/27/2008 and is currently trading at 0.84 $.
3- P5I.BE current support level is at 0.83 which is the 161.80 % fibonacci retracement of the last 0.06 $ move.
4- P5I.BE current resistance level is at 0.85 which is the 127.20 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PARKSON RETAIL GP (P5I.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.930 and 0.950, and is currently resisting at 0.910.
PARKSON RETAIL GP (P5I.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.930 and 1.090, and is currently resisting at 0.879.
PARKSON RETAIL GP (P5I.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.540 $ height triangle which was broken up at 0.890, target of the pattern is 1.430 which was broken down at 1.010, target of the pattern is 0.470.

Stock Trading Conclusion:
PARKSON RETAIL GP (P5I.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 : 0.854, 0.861, 0.870, 0.874, 0.879, 0.885, 0.893, 0.896, 0.900, 0.907, 0.910, 0.916, 0.930, 1.247, 1.430.
Stock Support levels : 0.833, 0.795,.