Today we will analyze the stock PALFINGER (PFI.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PALFINGER (PFI.BE)
1- Last bearish trend was from 26.55 $ (3/30/2011) to 25.57 $ (4/5/2011) a 0.98 $ move 2- The current bullish trend started from 25.57 $ at 4/5/2011 and is currently trading at 26.68 $.
3- PFI.BE current support level is at 26.55 which is the 100.00 % fibonacci retracement of the last 0.98 $ move.
4- PFI.BE current resistance level is at 26.82 which is the 127.20 % fibonacci retracement of the last 0.98 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PALFINGER (PFI.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 26.550 that failed, and formed a support .
7- The Stock formed a 1.250 $ height triangle which was broken up at 26.680, target of the pattern is 27.930.
PALFINGER (PFI.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 26.680 and 27.760 that was broken up at 26.460 transforming into a supporting line.
PALFINGER (PFI.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 27.760 and 28.550 that was broken up at 26.400 transforming into a supporting line.

Stock Trading Conclusion:
PALFINGER (PFI.BE) was trading in a bullish 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 : 26.82, 27.16, 27.93.
Stock Support levels : 26.55, 26.42, 26.26, 26.26, 26.18, 26.13, 26.06, 25.99, 25.98, 25.94, 25.80, 25.57,.