Today we will analyze the stock PEPSICO (PEP.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PEPSICO (PEP.BE)
1- Last bullish trend was from 44.94 $ (3/7/2011) to 46.38 $ (3/11/2011) a 1.44 $ move 2- The current bearish trend started from 46.38 $ at 3/11/2011 and is currently trading at 45.30 $.
3- PEP.BE current support level is at 44.94 which is the 100.00 % fibonacci retracement of the last 1.44 $ move.
4- PEP.BE current resistance level is at 45.49 which is the 61.80 % fibonacci retracement of the last 1.44 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PEPSICO (PEP.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 46.380 and 51.340 that was broken up at 45.270 transforming into a supporting line.
PEPSICO (PEP.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 51.340 and 52.120, and is currently resisting at 50.712.
PEPSICO (PEP.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 18.400 $ height triangle which was broken down at 47.140, target of the pattern is 28.740.

Stock Trading Conclusion:
PEPSICO (PEP.BE) was trading in a bearish wave, which is becoming weaker .
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 : 45.49, 45.55, 45.66, 45.71, 45.83, 45.84, 45.97, 46.04, 46.38, 48.71, 50.71.
Stock Support levels : 44.94, 44.55, 44.07, 44.05,.