Today we will analyze the stock PACNET INTERNET (S) (PCN.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PACNET INTERNET (S) (PCN.BE)
1- Last bearish trend was from 6.68 $ (9/16/2008) to 6.23 $ (9/19/2008) a 0.45 $ move 2- The current bullish trend started from 6.23 $ at 9/19/2008 and is currently trading at 7.13 $.
3- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PACNET INTERNET (S) (PCN.BE) Short term stock chart patterns for internet stock trading :

4- The Stock was supported by a support line, identified by two points: 6.230 and 6.020 that was broken down at 7.130 transforming into a resistance line.
PACNET INTERNET (S) (PCN.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 6.230 and 4.740 that was broken down at 7.130 transforming into a resistance line.
PACNET INTERNET (S) (PCN.BE) Long term stock chart patterns for internet stock trading :

6- The Stock formed a 2.500 $ height triangle which was broken up at 5.990, target of the pattern is 8.490.

Stock Trading Conclusion:
PACNET INTERNET (S) (PCN.BE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 8.49, 11.18, 22.62.
Stock Support levels : 6.92, 6.79, 6.68, 6.57, 6.23,.