Today we will analyze the stock PALL (PA5.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PALL (PA5.BE)
1- Last bearish trend was from 40.90 $ (3/14/2011) to 38.43 $ (3/25/2011) a 2.47 $ move 2- The current bullish trend started from 38.43 $ at 3/25/2011 and is currently trading at 39.62 $.
3- PA5.BE current support level is at 39.37 which is the 38.20 % fibonacci retracement of the last 2.47 $ move.
4- PA5.BE current resistance level is at 39.67 which is the 50.00 % fibonacci retracement of the last 2.47 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PALL (PA5.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 38.430 and 37.310, and is currently supporting at 39.017.
PALL (PA5.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 37.310 and 34.930 that was broken down at 38.750 transforming into a resistance line.
PALL (PA5.BE) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 34.930 and 26.230,resistance between 38.740 and 28.870, the stock channel is currently supported from below by 39.407 and resisted from above by 44.194.

Stock Trading Conclusion:
PALL (PA5.BE) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 39.67, 39.96, 40.90, 40.94, 41.57, 42.43.
Stock Support levels : 39.37, 39.34, 39.17, 39.03, 39.02, 39.01, 38.88, 38.43,.