Today we will analyze the stock PETROCAPITAL RES (P5R.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PETROCAPITAL RES (P5R.BE)
1- Last bullish trend was from 0.13 $ (2/19/2010) to 0.16 $ (2/23/2010) a 0.03 $ move 2- The current bearish trend started from 0.16 $ at 2/23/2010 and is currently trading at 0.14 $.
3- P5R.BE current support level is at 0.13 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
4- P5R.BE current resistance level is at 0.14 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
PETROCAPITAL RES (P5R.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.160 and 0.230 that was broken up at 0.150 transforming into a supporting line.
PETROCAPITAL RES (P5R.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.160 and 0.230 that was broken up at 0.150 transforming into a supporting line.
PETROCAPITAL RES (P5R.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.160 and 0.230 that was broken up at 0.150 transforming into a supporting line.

Stock Trading Conclusion:
PETROCAPITAL RES (P5R.BE) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.141, 0.145, 0.145, 0.148, 0.149, 0.150, 0.152, 0.153, 0.160,.
Stock Support levels : 0.130, 0.122, 0.111, -1.590,.