Today we will analyze the stock PORTA SYSTEMS (PFTA.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PORTA SYSTEMS (PFTA.BE)
1- Last bearish trend was from 1.33 $ (1/19/2011) to 1.05 $ (4/7/2011) a 0.28 $ move 2- The current bullish trend started from 1.05 $ at 4/7/2011 and is currently trading at 1.14 $.
3- PFTA.BE current support level is at 1.12 which is the 23.60 % fibonacci retracement of the last 0.28 $ move.
4- PFTA.BE current resistance level is at 1.16 which is the 38.20 % fibonacci retracement of the last 0.28 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
PORTA SYSTEMS (PFTA.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.330 and 1.400 that was broken up at 1.050 transforming into a supporting line.
PORTA SYSTEMS (PFTA.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.330 and 1.550 that was broken up at 1.140 transforming into a supporting line.
PORTA SYSTEMS (PFTA.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.330 and 1.550 that was broken up at 1.140 transforming into a supporting line.

Stock Trading Conclusion:
PORTA SYSTEMS (PFTA.BE) was trading in a strong bullish 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 : 1.16, 1.19, 1.22, 1.33, 1.41, 1.50.
Stock Support levels : 1.13, 1.12, 1.12, 1.11, 1.09, 1.08, 1.05,.