Today we will analyze the stock POLYMER LOGISTICS (P6L.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in POLYMER LOGISTICS (P6L.BE)
1- Last bearish trend was from 0.50 $ (4/23/2008) to 0.48 $ (4/25/2008) a 0.02 $ move 2- The current bullish trend started from 0.48 $ at 4/25/2008 and is currently trading at 0.55 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
POLYMER LOGISTICS (P6L.BE) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 0.480 and 0.460 that was broken down at 0.550 transforming into a resistance line.
POLYMER LOGISTICS (P6L.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 0.230 $ height triangle which was broken up at 0.340, target of the pattern is 0.570 which was broken down at 0.390, target of the pattern is 0.160.
POLYMER LOGISTICS (P6L.BE) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 0.230 $ height triangle which was broken up at 0.340, target of the pattern is 0.570 which was broken down at 0.390, target of the pattern is 0.160.

Stock Trading Conclusion:
POLYMER LOGISTICS (P6L.BE) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.570, 1.540, 2.930,.
Stock Support levels : 0.533, 0.523, 0.515, 0.507, 0.480, 0.160, -1.287,.