Today we will analyze the stock PERNOD RICARD (PER.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PERNOD RICARD (PER.BE)
1- Last bearish trend was from 68.12 $ (3/1/2011) to 61.68 $ (3/17/2011) a 6.44 $ move 2- The current bullish trend started from 61.68 $ at 3/17/2011 and is currently trading at 65.50 $.
3- PER.BE current support level is at 64.90 which is the 50.00 % fibonacci retracement of the last 6.44 $ move.
4- PER.BE current resistance level is at 65.66 which is the 61.80 % fibonacci retracement of the last 6.44 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PERNOD RICARD (PER.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 68.120 and 71.760 that was broken up at 65.490 transforming into a supporting line.
PERNOD RICARD (PER.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 61.680 and 57.570, and is currently supporting at 62.201.
PERNOD RICARD (PER.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 57.570 .

Stock Trading Conclusion:
PERNOD RICARD (PER.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 : 65.66, 68.12, 69.87, 72.10.
Stock Support levels : 64.90, 64.60, 64.14, 64.04, 63.59, 63.53, 63.20, 63.14, 62.20, 61.68,.