Today we will analyze the stock PAION (PA8.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PAION (PA8.BE)
1- Last bullish trend was from 2.15 $ (3/17/2011) to 2.31 $ (3/23/2011) a 0.16 $ move 2- The current bearish trend started from 2.31 $ at 3/23/2011 and is currently trading at 2.19 $.
3- PA8.BE current support level is at 2.15 which is the 100.00 % fibonacci retracement of the last 0.16 $ move.
4- PA8.BE current resistance level is at 2.21 which is the 61.80 % fibonacci retracement of the last 0.16 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PAION (PA8.BE) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 2.150 and 2.130,resistance between 2.310 and 2.270, the stock channel is currently supported from below by 2.190 and resisted from above by 2.323.
PAION (PA8.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 2.130 and 2.080, and is currently supporting at 2.186.
PAION (PA8.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.700 and 2.900 that was broken up at 2.340 transforming into a supporting line.

Stock Trading Conclusion:
PAION (PA8.BE) was trading in a bullish wave, which is becoming weaker .
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 : 2.21, 2.22, 2.23, 2.24, 2.25, 2.25, 2.26, 2.27, 2.31,.
Stock Support levels : 2.19, 2.15, 2.11, 2.05,.