Today we will analyze the stock PGG WRIGHTSON (PDW.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PGG WRIGHTSON (PDW.BE)
1- Last bearish trend was from 0.24 $ (4/1/2011) to 0.23 $ (4/4/2011) a 0.01 $ move 2- The current bullish trend started from 0.23 $ at 4/4/2011 and is currently trading at 0.24 $.
3- PDW.BE current support level is at 0.24 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- PDW.BE current resistance level is at 0.24 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PGG WRIGHTSON (PDW.BE) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.230 $ and 0.240 $.

PGG WRIGHTSON (PDW.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.300 .
PGG WRIGHTSON (PDW.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.300 .

Stock Trading Conclusion:
PGG WRIGHTSON (PDW.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 : 0.243, 0.246, 0.300,.
Stock Support levels : 0.238, 0.236, 0.235, 0.234, 0.232, 0.230,.