Today we will analyze the stock PHOSCAN CHEMICAL (P64A.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PHOSCAN CHEMICAL (P64A.BE)
1- Last bullish trend was from 0.40 $ (3/25/2011) to 0.48 $ (4/8/2011) a 0.08 $ move 2- The current bearish trend started from 0.48 $ at 4/8/2011 and is currently trading at 0.46 $.
3- P64A.BE current support level is at 0.45 which is the 38.20 % fibonacci retracement of the last 0.08 $ move.
4- P64A.BE current resistance level is at 0.46 which is the 23.60 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PHOSCAN CHEMICAL (P64A.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.400 .
PHOSCAN CHEMICAL (P64A.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.400 .
8- The Stock formed a 0.180 $ height triangle which was broken up at 0.410, target of the pattern is 0.590.
PHOSCAN CHEMICAL (P64A.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 0.400 .
10- The Stock formed a 0.180 $ height triangle which was broken up at 0.410, target of the pattern is 0.590.

Stock Trading Conclusion:
PHOSCAN CHEMICAL (P64A.BE) was trading in a bearish wave, which is becoming weaker .
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 : 0.461, 0.465, 0.468, 0.470, 0.472, 0.480, 0.590,.
Stock Support levels : 0.449, 0.440, 0.431, 0.400, 0.378, 0.351, 0.285,.