Today we will analyze the stock PDL BIOPHARMA (PDL.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PDL BIOPHARMA (PDL.BE)
1- Last bearish trend was from 4.14 $ (3/4/2011) to 3.77 $ (3/18/2011) a 0.37 $ move 2- The current bullish trend started from 3.77 $ at 3/18/2011 and is currently trading at 4.24 $.
3- PDL.BE current support level is at 4.14 which is the 100.00 % fibonacci retracement of the last 0.37 $ move.
4- PDL.BE current resistance level is at 4.24 which is the 127.20 % fibonacci retracement of the last 0.37 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PDL BIOPHARMA (PDL.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 3.770 and 3.360, and is currently supporting at 4.180.
PDL BIOPHARMA (PDL.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 3.770 and 3.360, and is currently supporting at 4.180.
PDL BIOPHARMA (PDL.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 3.990 and 4.830 that was broken up at 3.910 transforming into a supporting line.

Stock Trading Conclusion:
PDL BIOPHARMA (PDL.BE) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 4.24, 4.37.
Stock Support levels : 4.18, 4.14, 4.13, 4.06, 4.01, 4.00, 3.95, 3.95, 3.91, 3.86, 3.77,.