Today we will analyze the stock PUNCH TELEMATIX (P9E.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PUNCH TELEMATIX (P9E.BE)
1- Last bullish trend was from 3.14 $ (9/3/2010) to 3.25 $ (9/8/2010) a 0.11 $ move 2- The current bearish trend started from 3.25 $ at 9/8/2010 and is currently trading at 3.11 $.
3- P9E.BE current support level is at 3.07 which is the 161.80 % fibonacci retracement of the last 0.11 $ move.
4- P9E.BE current resistance level is at 3.11 which is the 127.20 % fibonacci retracement of the last 0.11 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PUNCH TELEMATIX (P9E.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 1.750 $ height triangle which was broken up at 3.110, target of the pattern is 4.860 which was broken down at 3.250, target of the pattern is 1.500.
PUNCH TELEMATIX (P9E.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.670 and 1.420, and is currently supporting at 3.031.
PUNCH TELEMATIX (P9E.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PUNCH TELEMATIX (P9E.BE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 3.11, 3.14, 3.14, 3.16, 3.18, 3.18, 3.20, 3.20, 3.21, 3.22, 3.25, 3.55, 4.86.
Stock Support levels : 3.07, 3.06, 3.03,.