Today we will analyze the stock SOUTHERN COPPER (PCU.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in SOUTHERN COPPER (PCU.BE)
1- Last bullish trend was from 28.20 $ (3/23/2011) to 29.68 $ (3/25/2011) a 1.48 $ move 2- The current bearish trend started from 29.68 $ at 3/25/2011 and is currently trading at 27.45 $.
3- PCU.BE current support level is at 27.29 which is the 161.80 % fibonacci retracement of the last 1.48 $ move.
4- PCU.BE current resistance level is at 27.80 which is the 127.20 % fibonacci retracement of the last 1.48 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
SOUTHERN COPPER (PCU.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 28.200 and 27.330 that was broken down at 28.430 transforming into a resistance line.
SOUTHERN COPPER (PCU.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 27.330 and 31.850,resistance between 29.680 and 34.220, the stock channel is currently supported from below by 24.876 and resisted from above by 28.211.
SOUTHERN COPPER (PCU.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 22.040 and 21.030, and is currently supporting at 26.557.

Stock Trading Conclusion:
SOUTHERN COPPER (PCU.BE) was trading in a bearish 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 : 27.80, 27.98, 28.20, 28.30, 28.57, 28.77, 28.83, 28.94, 29.11, 29.33, 29.68, 30.09.
Stock Support levels : 27.29,.