Today we will analyze the stock POWERTECH URANIUM (P8A.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in POWERTECH URANIUM (P8A.BE)
1- Last bearish trend was from 0.23 $ (4/5/2011) to 0.20 $ (4/8/2011) a 0.03 $ move 2- The current bullish trend started from 0.20 $ at 4/8/2011 and is currently trading at 0.21 $.
3- P8A.BE current support level is at 0.21 which is the 23.60 % fibonacci retracement of the last 0.03 $ move.
4- P8A.BE current resistance level is at 0.21 which is the 38.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
POWERTECH URANIUM (P8A.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.200 .
7- The Stock formed a 0.070 $ height triangle.
POWERTECH URANIUM (P8A.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.200 .
9- The Stock formed a 0.070 $ height triangle.
POWERTECH URANIUM (P8A.BE) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.200 .
11- The Stock formed a 0.070 $ height triangle.

Stock Trading Conclusion:
POWERTECH URANIUM (P8A.BE) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.211, 0.215, 0.219, 0.230, 0.238, 0.249.
Stock Support levels : 0.208, 0.207, 0.206, 0.205, 0.204, 0.200,.