Today we will analyze the stock PEGASYSTEMS (PEA.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PEGASYSTEMS (PEA.BE)
1- Last bullish trend was from 22.00 $ (3/17/2011) to 27.20 $ (4/4/2011) a 5.20 $ move 2- The current bearish trend started from 27.20 $ at 4/4/2011 and is currently trading at 26.07 $.
3- PEA.BE current support level is at 25.97 which is the 23.60 % fibonacci retracement of the last 5.20 $ move.
4- PEA.BE current resistance level is at 27.20 which is the 0.00 % fibonacci retracement of the last 5.20 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PEGASYSTEMS (PEA.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 27.200 and 28.950, and is currently resisting at 26.850.
PEGASYSTEMS (PEA.BE) Mid term stock chart patterns for internet stock trading :

None.
PEGASYSTEMS (PEA.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PEGASYSTEMS (PEA.BE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 26.34, 26.50, 26.64, 26.77, 26.85, 27.20,.
Stock Support levels : 25.97, 25.21, 24.60, 23.99, 22.00, 20.59,.