Today we will analyze the stock ACAMBIS PLC (PDH.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in ACAMBIS PLC (PDH.BE)
1- Last bearish trend was from 2.31 $ (8/12/2008) to 2.23 $ (9/4/2008) a 0.08 $ move 2- The current bullish trend started from 2.23 $ at 9/4/2008 and is currently trading at 2.29 $.
3- PDH.BE current support level is at 2.28 which is the 61.80 % fibonacci retracement of the last 0.08 $ move.
4- PDH.BE current resistance level is at 2.31 which is the 100.00 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
ACAMBIS PLC (PDH.BE) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 2.230 and 1.340,resistance between 2.310 and 1.470 which was broken down at 2.240.
ACAMBIS PLC (PDH.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.180 $ height triangle which was broken up at 2.270, target of the pattern is 2.450.
ACAMBIS PLC (PDH.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 1.330 and 1.290, and is currently supporting at 1.559.

Stock Trading Conclusion:
ACAMBIS PLC (PDH.BE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 2.31, 2.33, 2.36, 2.45, 6.24.
Stock Support levels : 2.28, 2.28, 2.27, 2.27, 2.26, 2.26, 2.25, 2.25, 2.23, 1.56,.