Today we will analyze the stock PITNEY BOWES (PBW.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PITNEY BOWES (PBW.BE)
1- Last bullish trend was from 16.58 $ (3/18/2011) to 17.67 $ (4/1/2011) a 1.09 $ move 2- The current bearish trend started from 17.67 $ at 4/1/2011 and is currently trading at 16.97 $.
3- PBW.BE current support level is at 16.58 which is the 100.00 % fibonacci retracement of the last 1.09 $ move.
4- PBW.BE current resistance level is at 17.00 which is the 61.80 % fibonacci retracement of the last 1.09 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
PITNEY BOWES (PBW.BE) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 17.670 .
PITNEY BOWES (PBW.BE) Mid term stock chart patterns for internet stock trading :

None.
PITNEY BOWES (PBW.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PITNEY BOWES (PBW.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 : 17.00, 17.13, 17.14, 17.24, 17.25, 17.32, 17.40, 17.41, 17.67, 17.68.
Stock Support levels : 16.58, 16.28,.