Today we will analyze the stock DISTRIBUTED EN SYS (PEN.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in DISTRIBUTED EN SYS (PEN.BE)
1- Last bullish trend was from 0.03 $ (6/27/2008) to 0.04 $ (6/30/2008) a 0.01 $ move 2- The current bearish trend started from 0.04 $ at 6/30/2008 and is currently trading at 0.02 $.
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.
4- Bullish Divergance in MACD Indicator .
DISTRIBUTED EN SYS (PEN.BE) Short term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
6- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.050 that was broken up at 0.020 transforming into a supporting line.
DISTRIBUTED EN SYS (PEN.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
8- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.050 that was broken up at 0.020 transforming into a supporting line.
DISTRIBUTED EN SYS (PEN.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 0.030 that failed and formed a resistance.
10- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.050 that was broken up at 0.020 transforming into a supporting line.

Stock Trading Conclusion:
DISTRIBUTED EN SYS (PEN.BE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish 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 : 0.025, 0.028, 0.030, 0.032, 0.040.
Stock Support levels : -0.328,.