Today we will analyze the stock PRYME OIL GAS (P5L.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PRYME OIL GAS (P5L.BE)
1- Last bearish trend was from 0.10 $ (3/9/2011) to 0.07 $ (3/17/2011) a 0.03 $ move 2- The current bullish trend started from 0.07 $ at 3/17/2011 and is currently trading at 0.10 $.
3- P5L.BE current support level is at 0.10 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
4- P5L.BE current resistance level is at 0.11 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PRYME OIL GAS (P5L.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.100 .
PRYME OIL GAS (P5L.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.100 .
PRYME OIL GAS (P5L.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.100 .

Stock Trading Conclusion:
PRYME OIL GAS (P5L.BE) was trading in a bullish 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 : 0.108, 0.119.
Stock Support levels : 0.093, 0.089, 0.085, 0.081, 0.077, 0.070,.