Today we will analyze the stock PANAUST (PB4.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PANAUST (PB4.BE)
1- Last bearish trend was from 0.60 $ (4/4/2011) to 0.57 $ (4/6/2011) a 0.03 $ move 2- The current bullish trend started from 0.57 $ at 4/6/2011 and is currently trading at 0.60 $.
3- PB4.BE current support level is at 0.60 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
4- PB4.BE current resistance level is at 0.61 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PANAUST (PB4.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.570 and 0.470, and is currently supporting at 0.589.
PANAUST (PB4.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.620 and 0.680 that was broken up at 0.600 transforming into a supporting line.
PANAUST (PB4.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.620 and 0.680 that was broken up at 0.600 transforming into a supporting line.

Stock Trading Conclusion:
PANAUST (PB4.BE) was trading in a bullish wave, which is becoming stronger .
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 : 0.608, 0.619.
Stock Support levels : 0.593, 0.589, 0.589, 0.585, 0.581, 0.577, 0.570, 0.549,.