Today we will analyze the stock PETAQUILLA MINERALS (P7Z.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PETAQUILLA MINERALS (P7Z.BE)
1- Last bullish trend was from 0.66 $ (4/4/2011) to 0.78 $ (4/7/2011) a 0.12 $ move 2- The current bearish trend started from 0.78 $ at 4/7/2011 and is currently trading at 0.74 $.
3- P7Z.BE current support level is at 0.73 which is the 38.20 % fibonacci retracement of the last 0.12 $ move.
4- P7Z.BE current resistance level is at 0.75 which is the 23.60 % fibonacci retracement of the last 0.12 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
PETAQUILLA MINERALS (P7Z.BE) Short term stock chart patterns for internet stock trading :

None.
PETAQUILLA MINERALS (P7Z.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.660 and 0.610, and is currently supporting at 0.679.
PETAQUILLA MINERALS (P7Z.BE) Long term stock chart patterns for internet stock trading :

7- The Stock formed a 0.350 $ height triangle which was broken up at 0.760 in higher than usual volume, target of the pattern is 1.110.

Stock Trading Conclusion:
PETAQUILLA MINERALS (P7Z.BE) was trading in a strong 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 : 0.749, 0.752, 0.755, 0.760, 0.765, 0.780, 1.110.
Stock Support levels : 0.734, 0.720, 0.706, 0.679, 0.665, 0.660, 0.627,.