Today we will analyze the stock PC-TEL (PEW.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PC-TEL (PEW.BE)
1- Last bullish trend was from 4.46 $ (3/17/2011) to 5.57 $ (4/5/2011) a 1.11 $ move 2- The current bearish trend started from 5.57 $ at 4/5/2011 and is currently trading at 5.15 $.
3- PEW.BE current support level is at 5.15 which is the 38.20 % fibonacci retracement of the last 1.11 $ move.
4- PEW.BE current resistance level is at 5.31 which is the 23.60 % fibonacci retracement of the last 1.11 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PC-TEL (PEW.BE) Short term stock chart patterns for internet stock trading :

None.
PC-TEL (PEW.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 4.460 .
PC-TEL (PEW.BE) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 4.460 and 4.040,resistance between 5.480 and 4.930, the stock channel is currently supported from below by 4.535 and resisted from above by 5.707.

Stock Trading Conclusion:
PC-TEL (PEW.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 : 5.25, 5.31, 5.31, 5.33, 5.35, 5.36, 5.41, 5.57,.
Stock Support levels : 5.15, 5.02, 4.88, 4.47, 4.46, 4.16,.