Today we will analyze the stock PROTONEX TECH-REG S (P8U.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PROTONEX TECH-REG S (P8U.BE)
1- Last bullish trend was from 0.38 $ (5/21/2010) to 0.41 $ (6/11/2010) a 0.03 $ move 2- The current bearish trend started from 0.41 $ at 6/11/2010 and is currently trading at 0.25 $.
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.
PROTONEX TECH-REG S (P8U.BE) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 0.380 and 0.370 that was broken down at 0.260 transforming into a resistance line.
PROTONEX TECH-REG S (P8U.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 0.370 and 0.320 that was broken down at 0.260 transforming into a resistance line.
PROTONEX TECH-REG S (P8U.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PROTONEX TECH-REG S (P8U.BE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 0.288, 0.311, 0.330, 0.349, 0.383, 0.385, 0.400, 0.410.
Stock Support levels :.