Today we will analyze the stock P.F. CHANG'S CHINA (PF2.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in P.F. CHANG'S CHINA (PF2.BE)
1- Last bullish trend was from 31.01 $ (3/23/2011) to 32.60 $ (4/5/2011) a 1.59 $ move 2- The current bearish trend started from 32.60 $ at 4/5/2011 and is currently trading at 31.03 $.
3- PF2.BE current support level is at 31.01 which is the 100.00 % fibonacci retracement of the last 1.59 $ move.
4- PF2.BE current resistance level is at 31.62 which is the 61.80 % fibonacci retracement of the last 1.59 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
P.F. CHANG'S CHINA (PF2.BE) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 31.010 and 32.260,resistance between 32.600 and 34.080, the stock channel is currently supported from below by 29.849 and resisted from above by 32.271.
P.F. CHANG'S CHINA (PF2.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 7.650 $ height triangle which was broken down at 32.620, target of the pattern is 24.970.
P.F. CHANG'S CHINA (PF2.BE) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 32.200 and 29.510,resistance between 39.850 and 37.380 which was broken down at 34.260.

Stock Trading Conclusion:
P.F. CHANG'S CHINA (PF2.BE) was trading in a bearish wave, which is becoming stronger .
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 : 31.40, 31.62, 31.63, 31.81, 31.82, 31.99, 32.00, 32.22, 32.60, 33.55, 35.94.
Stock Support levels : 31.01, 30.58, 30.03,.