Today we will analyze the stock PERMASTEELISA (PEC.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PERMASTEELISA (PEC.BE)
1- Last bullish trend was from 0.20 $ (4/23/2008) to 0.21 $ (5/23/2008) a 0.01 $ move 2- The current bearish trend started from 0.21 $ at 5/23/2008 and is currently trading at 0.19 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PERMASTEELISA (PEC.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 0.210 .
5- The Stock formed a 0.020 $ height triangle which was broken down at 0.210, target of the pattern is 0.190.
PERMASTEELISA (PEC.BE) Mid term stock chart patterns for internet stock trading :

PERMASTEELISA (PEC.BE) Long term stock chart patterns for internet stock trading :


Stock Trading Conclusion:
PERMASTEELISA (PEC.BE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish 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 : 0.195, 0.198, 0.200, 0.202, 0.210, 0.219.
Stock Support levels :.