Today we will analyze the stock PULMO BIOTECH (PB0.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PULMO BIOTECH (PB0.BE)
1- Last bearish trend was from 0.09 $ (3/31/2011) to 0.03 $ (4/1/2011) a 0.06 $ move 2- The current bullish trend started from 0.03 $ at 4/1/2011 and is currently trading at 0.09 $.
3- PB0.BE current support level is at 0.09 which is the 100.00 % fibonacci retracement of the last 0.06 $ move.
4- PB0.BE current resistance level is at 0.11 which is the 127.20 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
PULMO BIOTECH (PB0.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.090 .
7- The Stock formed a 0.070 $ height triangle.
PULMO BIOTECH (PB0.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.090 .
9- The Stock formed a 0.070 $ height triangle.
PULMO BIOTECH (PB0.BE) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.090 .
11- The Stock formed a 0.070 $ height triangle.

Stock Trading Conclusion:
PULMO BIOTECH (PB0.BE) was trading in a strong bearish 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 : 0.106, 0.127.
Stock Support levels : 0.076, 0.067, 0.067, 0.060, 0.053, 0.053, 0.044, 0.030,.