Today we will analyze the stock PARLUX FRAGRANCES (PF6.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PARLUX FRAGRANCES (PF6.BE)
1- Last bullish trend was from 2.04 $ (3/21/2011) to 2.20 $ (3/28/2011) a 0.16 $ move 2- The current bearish trend started from 2.20 $ at 3/28/2011 and is currently trading at 2.10 $.
3- PF6.BE current support level is at 2.04 which is the 100.00 % fibonacci retracement of the last 0.16 $ move.
4- PF6.BE current resistance level is at 2.10 which is the 61.80 % fibonacci retracement of the last 0.16 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PARLUX FRAGRANCES (PF6.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.200 and 2.490 that was broken up at 2.160 transforming into a supporting line.
PARLUX FRAGRANCES (PF6.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 2.490 and 2.670 that was broken up at 2.100 transforming into a supporting line.
PARLUX FRAGRANCES (PF6.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 2.120 that failed and formed a resistance.
9- The Stock was resisted by a resistance line, identified by two points: 2.490 and 2.670 that was broken up at 2.100 transforming into a supporting line.

Stock Trading Conclusion:
PARLUX FRAGRANCES (PF6.BE) was trading in a bearish wave, which is becoming stronger .
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 : 2.10, 2.12, 2.12, 2.14, 2.14, 2.15, 2.16, 2.16, 2.20,.
Stock Support levels : 2.08, 2.04, 2.03, 2.00,.