Today we will analyze the stock PROTALIX BIOTCS (PBD.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PROTALIX BIOTCS (PBD.BE)
1- Last bullish trend was from 4.05 $ (3/21/2011) to 4.34 $ (3/29/2011) a 0.29 $ move 2- The current bearish trend started from 4.34 $ at 3/29/2011 and is currently trading at 4.29 $.
3- PBD.BE current support level is at 4.27 which is the 23.60 % fibonacci retracement of the last 0.29 $ move.
4- PBD.BE current resistance level is at 4.34 which is the 0.00 % fibonacci retracement of the last 0.29 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PROTALIX BIOTCS (PBD.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 4.340 and 7.120 that was broken up at 4.290 transforming into a supporting line.
PROTALIX BIOTCS (PBD.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 7.550 and 8.200, and is currently resisting at 6.079.
PROTALIX BIOTCS (PBD.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 1.940 $ height triangle which was broken down at 5.440 in higher than usual volume, target of the pattern is 3.500.

Stock Trading Conclusion:
PROTALIX BIOTCS (PBD.BE) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 4.30, 4.31, 4.32, 4.32, 4.34, 6.08, 7.21, 7.31, 7.45.
Stock Support levels : 4.27, 4.23, 4.20, 4.16, 4.05, 3.97, 3.87, 3.61,.