Today we will analyze the stock PRINCIPAL FINANCIAL (PG4.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PRINCIPAL FINANCIAL (PG4.BE)
1- Last bullish trend was from 23.14 $ (3/8/2011) to 23.98 $ (3/10/2011) a 0.84 $ move 2- The current bearish trend started from 23.98 $ at 3/10/2011 and is currently trading at 21.69 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PRINCIPAL FINANCIAL (PG4.BE) Short term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 23.980 and 25.090, and is currently resisting at 22.102.
PRINCIPAL FINANCIAL (PG4.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Top Pattern at 25.090 .
6- The Stock formed a 6.790 $ height triangle which was broken down at 24.190, target of the pattern is 17.400.
PRINCIPAL FINANCIAL (PG4.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PRINCIPAL FINANCIAL (PG4.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 : 22.10, 22.23, 22.56, 22.83, 23.11, 23.98, 25.04, 26.73.
Stock Support levels : 17.40.