Today we will analyze the stock PEGASUS WIRELESS NV (P6WA.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PEGASUS WIRELESS NV (P6WA.BE)
1- Last bullish trend was from 0.03 $ (8/31/2007) to 0.04 $ (9/6/2007) a 0.01 $ move 2- The current bearish trend started from 0.04 $ at 9/6/2007 and is currently trading at 0.01 $.
3- According to ADX Indicator, the trend is currently strong bearish, 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.
PEGASUS WIRELESS NV (P6WA.BE) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 0.030 and 0.060,resistance between 0.040 and 0.070 which was broken up at 0.020.
PEGASUS WIRELESS NV (P6WA.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 0.030 and 0.060,resistance between 0.040 and 0.070 which was broken up at 0.020.
PEGASUS WIRELESS NV (P6WA.BE) Long term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.030 and 0.060,resistance between 0.040 and 0.070 which was broken up at 0.020.

Stock Trading Conclusion:
PEGASUS WIRELESS NV (P6WA.BE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 0.017, 0.021, 0.025, 0.029, 0.040.
Stock Support levels : -0.032,.