Today we will analyze the stock PEETS COFFEE and TEA (PEE.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PEETS COFFEE and TEA (PEE.BE)
1- Last bullish trend was from 29.91 $ (3/15/2011) to 34.12 $ (3/22/2011) a 4.21 $ move 2- The current bearish trend started from 34.12 $ at 3/22/2011 and is currently trading at 32.54 $.
3- PEE.BE current support level is at 32.51 which is the 38.20 % fibonacci retracement of the last 4.21 $ move.
4- PEE.BE current resistance level is at 33.13 which is the 23.60 % fibonacci retracement of the last 4.21 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PEETS COFFEE and TEA (PEE.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 29.910 .
7- The Stock formed a 4.360 $ height triangle.
PEETS COFFEE and TEA (PEE.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 29.910 and 27.540, and is currently supporting at 31.411.
PEETS COFFEE and TEA (PEE.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 29.910 and 27.540, and is currently supporting at 31.411.

Stock Trading Conclusion:
PEETS COFFEE and TEA (PEE.BE) was trading in a bearish wave, which is becoming weaker .
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 : 32.91, 33.13, 33.14, 33.33, 33.52, 34.12,.
Stock Support levels : 32.51, 32.01, 31.52, 31.41, 29.91, 29.86, 29.81, 28.76,.