Today we will analyze the stock PLATINUM GROUP MET (P6M.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PLATINUM GROUP MET (P6M.BE)
1- Last bearish trend was from 1.46 $ (3/24/2011) to 1.34 $ (4/1/2011) a 0.12 $ move 2- The current bullish trend started from 1.34 $ at 4/1/2011 and is currently trading at 1.51 $.
3- P6M.BE current support level is at 1.49 which is the 127.20 % fibonacci retracement of the last 0.12 $ move.
4- P6M.BE current resistance level is at 1.53 which is the 161.80 % fibonacci retracement of the last 0.12 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PLATINUM GROUP MET (P6M.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.430 $ height triangle which was broken up at 1.390, target of the pattern is 1.820.
PLATINUM GROUP MET (P6M.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.470 $ height triangle which was broken up at 1.390, target of the pattern is 1.860.
PLATINUM GROUP MET (P6M.BE) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 1.330 and 1.590,resistance between 1.800 and 2.100 which was broken up at 1.540.

Stock Trading Conclusion:
PLATINUM GROUP MET (P6M.BE) was trading in a bullish 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 : 1.53, 1.82, 1.86.
Stock Support levels : 1.49, 1.48, 1.47, 1.46, 1.45, 1.42, 1.41, 1.40, 1.40, 1.39, 1.37, 1.34, 1.30,.