Today we will analyze the stock EQUATORIAL COAL (PBU.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in EQUATORIAL COAL (PBU.BE)
1- Last bullish trend was from 1.57 $ (3/17/2011) to 2.29 $ (3/28/2011) a 0.72 $ move 2- The current bearish trend started from 2.29 $ at 3/28/2011 and is currently trading at 2.01 $.
3- PBU.BE current support level is at 1.93 which is the 50.00 % fibonacci retracement of the last 0.72 $ move.
4- PBU.BE current resistance level is at 2.01 which is the 38.20 % fibonacci retracement of the last 0.72 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
EQUATORIAL COAL (PBU.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.570 and 1.510 that was broken down at 2.010 transforming into a resistance line.
EQUATORIAL COAL (PBU.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 1.570 and 1.510 that was broken down at 2.010 transforming into a resistance line.
EQUATORIAL COAL (PBU.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.290 and 2.850, and is currently resisting at 2.109.

Stock Trading Conclusion:
EQUATORIAL COAL (PBU.BE) was trading in a bearish 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 : 2.01, 2.02, 2.08, 2.11, 2.12, 2.12, 2.15, 2.18, 2.29,.
Stock Support levels : 1.93, 1.85, 1.57, 1.37,.