Today we will analyze the stock PARAMOUNT GOLD (P6G.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PARAMOUNT GOLD (P6G.BE)
1- Last bullish trend was from 2.69 $ (4/4/2011) to 2.79 $ (4/6/2011) a 0.10 $ move 2- The current bearish trend started from 2.79 $ at 4/6/2011 and is currently trading at 2.56 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PARAMOUNT GOLD (P6G.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.390 $ height triangle which was broken down at 2.690, target of the pattern is 2.300.
PARAMOUNT GOLD (P6G.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.860 $ height triangle which was broken down at 2.560 in higher than usual volume, target of the pattern is 1.700.
PARAMOUNT GOLD (P6G.BE) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 0.860 $ height triangle which was broken down at 2.560 in higher than usual volume, target of the pattern is 1.700.

Stock Trading Conclusion:
PARAMOUNT GOLD (P6G.BE) was trading in a bearish 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 : 2.60, 2.61, 2.65, 2.67, 2.70, 2.78, 2.79, 2.89.
Stock Support levels : 2.30, 1.70,.