Today we will analyze the stock GLOBALSTAR (P8S.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in GLOBALSTAR (P8S.BE)
1- Last bearish trend was from 0.92 $ (4/5/2011) to 0.83 $ (4/8/2011) a 0.09 $ move 2- The current bullish trend started from 0.83 $ at 4/8/2011 and is currently trading at 0.86 $.
3- P8S.BE current support level is at 0.85 which is the 23.60 % fibonacci retracement of the last 0.09 $ move.
4- P8S.BE current resistance level is at 0.86 which is the 38.20 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
GLOBALSTAR (P8S.BE) Short term stock chart patterns for internet stock trading :

None.
GLOBALSTAR (P8S.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.920 and 0.980, and is currently resisting at 0.912.
GLOBALSTAR (P8S.BE) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.920 and 1.030, and is currently resisting at 0.910.

Stock Trading Conclusion:
GLOBALSTAR (P8S.BE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.864, 0.875, 0.886, 0.890, 0.910, 0.912, 0.920, 0.944, 0.976.
Stock Support levels : 0.853, 0.851, 0.849, 0.845, 0.841, 0.830,.