Today we will analyze the stock PRANA BIO SP.ADR (PBNA.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PRANA BIO SP.ADR (PBNA.BE)
1- Last bullish trend was from 1.90 $ (3/25/2011) to 1.96 $ (3/29/2011) a 0.06 $ move 2- The current bearish trend started from 1.96 $ at 3/29/2011 and is currently trading at 1.60 $.
3- According to ADX Indicator, the trend is currently strong bullish,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.
PRANA BIO SP.ADR (PBNA.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 1.950 $ height triangle which was broken up at 1.780, target of the pattern is 3.730 which was broken down at 1.960, target of the pattern is 0.010.
PRANA BIO SP.ADR (PBNA.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 0.950 and 0.910, and is currently supporting at 0.988.
PRANA BIO SP.ADR (PBNA.BE) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.950 and 0.870, and is currently supporting at 1.001.

Stock Trading Conclusion:
PRANA BIO SP.ADR (PBNA.BE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 1.68, 1.74, 1.78, 1.82, 1.96, 3.21, 3.73.
Stock Support levels : 1.00, 0.99, 0.27,.