Today we will analyze the stock PEP BOYS-MANNY M and J (PBS.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PEP BOYS-MANNY M and J (PBS.BE)
1- Last bearish trend was from 10.01 $ (2/28/2011) to 7.32 $ (3/21/2011) a 2.69 $ move 2- The current bullish trend started from 7.32 $ at 3/21/2011 and is currently trading at 9.44 $.
3- PBS.BE current support level is at 8.98 which is the 61.80 % fibonacci retracement of the last 2.69 $ move.
4- PBS.BE current resistance level is at 10.01 which is the 100.00 % fibonacci retracement of the last 2.69 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PEP BOYS-MANNY M and J (PBS.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 10.010 and 10.650 that was broken up at 8.830 transforming into a supporting line.
PEP BOYS-MANNY M and J (PBS.BE) Mid term stock chart patterns for internet stock trading :

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PEP BOYS-MANNY M and J (PBS.BE) Long term stock chart patterns for internet stock trading :

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Stock Trading Conclusion:
PEP BOYS-MANNY M and J (PBS.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 : 10.01, 10.74, 11.67.
Stock Support levels : 8.98, 8.94, 8.66, 8.63, 8.53, 8.38, 8.35, 8.13, 7.95, 7.32,.