Today we will analyze the stock PUBLISH and BROADCAST (PBL.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PUBLISH and BROADCAST (PBL.BE)
1- Last bearish trend was from 11.81 $ (11/14/2007) to 11.19 $ (11/23/2007) a 0.62 $ move 2- The current bullish trend started from 11.19 $ at 11/23/2007 and is currently trading at 12.19 $.
3- PBL.BE current support level is at 11.98 which is the 127.20 % fibonacci retracement of the last 0.62 $ move.
4- PBL.BE current resistance level is at 12.19 which is the 161.80 % fibonacci retracement of the last 0.62 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
PUBLISH and BROADCAST (PBL.BE) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 11.810 and 13.180 that was broken up at 11.550 transforming into a supporting line.
PUBLISH and BROADCAST (PBL.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 11.190 and 9.260,resistance between 13.180 and 11.310, the stock channel is currently supported from below by 11.328 and resisted from above by 13.846.
PUBLISH and BROADCAST (PBL.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Top Pattern at 13.180 .
10- The Stock formed a 3.910 $ height triangle.

Stock Trading Conclusion:
PUBLISH and BROADCAST (PBL.BE) was trading in a bullish wave, which is becoming weaker .
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 : 12.19, 13.18.
Stock Support levels : 11.98, 11.95, 11.81, 11.81, 11.69, 11.57, 11.57, 11.50, 11.43, 11.34, 11.19,.