Today we will analyze the stock PIXELPLUS SP ADR (P6H1.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PIXELPLUS SP ADR (P6H1.BE)
1- Last bullish trend was from 0.19 $ (1/30/2009) to 0.20 $ (2/2/2009) a 0.01 $ move 2- The current bearish trend started from 0.20 $ at 2/2/2009 and is currently trading at 0.19 $.
3- P6H1.BE current support level is at 0.19 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- P6H1.BE current resistance level is at 0.19 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PIXELPLUS SP ADR (P6H1.BE) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.190 and 0.220,resistance between 0.200 and 0.230 which was broken up at 0.190.
PIXELPLUS SP ADR (P6H1.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.160 and 0.140 that was broken down at 0.220 transforming into a resistance line.
PIXELPLUS SP ADR (P6H1.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.160 and 0.140 that was broken down at 0.220 transforming into a resistance line.

Stock Trading Conclusion:
PIXELPLUS SP ADR (P6H1.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 : 0.192, 0.194, 0.195, 0.196, 0.198, 0.200, 0.313,.
Stock Support levels : 0.189, 0.187,.