Today we will analyze the stock KENVELO (PAS.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in KENVELO (PAS.BE)
1- Last bullish trend was from 0.15 $ (12/23/2008) to 0.16 $ (12/30/2008) a 0.01 $ move 2- The current bearish trend started from 0.16 $ at 12/30/2008 and is currently trading at 0.04 $.
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.
4- Bullish Divergance in MACD Indicator .
KENVELO (PAS.BE) Short term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 0.150 and 0.240,resistance between 0.160 and 0.250 which was broken up at 0.040.
KENVELO (PAS.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.160 and 0.270, and is currently resisting at 0.044.
KENVELO (PAS.BE) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.240 that failed and formed a resistance.
8- The Stock formed Double Top Pattern at 0.270 .

Stock Trading Conclusion:
KENVELO (PAS.BE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 0.044, 0.068, 0.086, 0.100, 0.114, 0.160, 0.240, 0.270.
Stock Support levels : -0.010.