Today we will analyze the stock PEOPLE'S FOOD HLDGS (PFJ.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PEOPLE'S FOOD HLDGS (PFJ.BE)
1- Last bullish trend was from 0.43 $ (2/25/2011) to 0.45 $ (3/10/2011) a 0.02 $ move 2- The current bearish trend started from 0.45 $ at 3/10/2011 and is currently trading at 0.43 $.
3- PFJ.BE current support level is at 0.42 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- PFJ.BE current resistance level is at 0.43 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PEOPLE'S FOOD HLDGS (PFJ.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.140 $ height triangle which was broken down at 0.440, target of the pattern is 0.300.
PEOPLE'S FOOD HLDGS (PFJ.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.350 and 0.330, and is currently supporting at 0.358.
PEOPLE'S FOOD HLDGS (PFJ.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.350 and 0.330, and is currently supporting at 0.358.

Stock Trading Conclusion:
PEOPLE'S FOOD HLDGS (PFJ.BE) was trading in a bearish wave, which is becoming weaker .
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 : 0.435, 0.438, 0.440, 0.442, 0.445, 0.450, 0.461.
Stock Support levels : 0.425, 0.418, 0.358, 0.350,.