Today we will analyze the stock PETERS MACGREGOR (PDU.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PETERS MACGREGOR (PDU.BE)
1- Last bearish trend was from 0.58 $ (2/18/2011) to 0.50 $ (3/22/2011) a 0.08 $ move 2- The current bullish trend started from 0.50 $ at 3/22/2011 and is currently trading at 0.55 $.
3- PDU.BE current support level is at 0.55 which is the 61.80 % fibonacci retracement of the last 0.08 $ move.
4- PDU.BE current resistance level is at 0.58 which is the 100.00 % fibonacci retracement of the last 0.08 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PETERS MACGREGOR (PDU.BE) Short term stock chart patterns for internet stock trading :

None.
PETERS MACGREGOR (PDU.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.580 .
PETERS MACGREGOR (PDU.BE) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.500 and 0.440, and is currently supporting at 0.507.

Stock Trading Conclusion:
PETERS MACGREGOR (PDU.BE) was trading in a bullish wave, which is becoming weaker .
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 : 0.580, 0.602, 0.629.
Stock Support levels : 0.549, 0.540, 0.540, 0.538, 0.531, 0.531, 0.525, 0.519, 0.519, 0.507, 0.500,.