Today we will analyze the stock PANALPINA WELTTRA N (P6X.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PANALPINA WELTTRA N (P6X.BE)
1- Last bullish trend was from 84.84 $ (3/16/2011) to 87.81 $ (3/29/2011) a 2.97 $ move 2- The current bearish trend started from 87.81 $ at 3/29/2011 and is currently trading at 86.11 $.
3- P6X.BE current support level is at 85.97 which is the 61.80 % fibonacci retracement of the last 2.97 $ move.
4- P6X.BE current resistance level is at 86.32 which is the 50.00 % fibonacci retracement of the last 2.97 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
PANALPINA WELTTRA N (P6X.BE) Short term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 84.840 and 92.420,resistance between 87.810 and 97.260 which was broken up at 86.300.
PANALPINA WELTTRA N (P6X.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 18.940 $ height triangle which was broken down at 92.000, target of the pattern is 73.060.
PANALPINA WELTTRA N (P6X.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 43.070 $ height triangle which was broken down at 95.520, target of the pattern is 52.450.

Stock Trading Conclusion:
PANALPINA WELTTRA N (P6X.BE) was trading in a bearish wave, which is becoming weaker .
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 : 86.32, 86.51, 86.68, 86.76, 86.96, 87.11, 87.16, 87.81, 95.00, 100.78.
Stock Support levels : 85.97, 84.84, 84.03, 83.08, 83.00, 73.06,.