Today we will analyze the stock SP CHEMICALS (P9C.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in SP CHEMICALS (P9C.BE)
1- Last bearish trend was from 0.37 $ (11/4/2008) to 0.34 $ (12/19/2008) a 0.03 $ move 2- The current bullish trend started from 0.34 $ at 12/19/2008 and is currently trading at 0.37 $.
3- P9C.BE current support level is at 0.37 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
4- P9C.BE current resistance level is at 0.38 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
SP CHEMICALS (P9C.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.340 and 0.260, and is currently supporting at 0.364.
SP CHEMICALS (P9C.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.340 and 0.260, and is currently supporting at 0.364.
SP CHEMICALS (P9C.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.260 .

Stock Trading Conclusion:
SP CHEMICALS (P9C.BE) was trading in a strong bullish 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 : 0.378, 0.389.
Stock Support levels : 0.364, 0.363, 0.359, 0.355, 0.351, 0.347, 0.340,.