Today we will analyze the stock SYNAXON (PCS.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in SYNAXON (PCS.BE)
1- Last bearish trend was from 5.01 $ (3/25/2011) to 4.81 $ (4/8/2011) a 0.20 $ move 2- The current bullish trend started from 4.81 $ at 4/8/2011 and is currently trading at 4.96 $.
3- PCS.BE current support level is at 4.93 which is the 61.80 % fibonacci retracement of the last 0.20 $ move.
4- PCS.BE current resistance level is at 5.01 which is the 100.00 % fibonacci retracement of the last 0.20 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
SYNAXON (PCS.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 5.010 .
7- The Stock formed a 0.270 $ height triangle.
SYNAXON (PCS.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 4.710 .
SYNAXON (PCS.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Top Pattern at 5.190 .
10- The Stock formed a 1.190 $ height triangle which was broken down at 5.010, target of the pattern is 3.820.

Stock Trading Conclusion:
SYNAXON (PCS.BE) was trading in a bullish wave, which is becoming stronger .
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 : 5.00, 5.01, 5.01, 5.06, 5.13, 5.15, 9.49.
Stock Support levels : 4.93, 4.92, 4.91, 4.90, 4.89, 4.89, 4.87, 4.86, 4.81, 4.58,.