Today we will analyze the stock PROLOGIC (PGF.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PROLOGIC (PGF.BE)
1- Last bullish trend was from 0.50 $ (1/5/2011) to 0.67 $ (1/19/2011) a 0.17 $ move 2- The current bearish trend started from 0.67 $ at 1/19/2011 and is currently trading at 0.49 $.
3- PGF.BE current support level is at 0.45 which is the 127.20 % fibonacci retracement of the last 0.17 $ move.
4- PGF.BE current resistance level is at 0.50 which is the 100.00 % fibonacci retracement of the last 0.17 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PROLOGIC (PGF.BE) Short term stock chart patterns for internet stock trading :

None.
PROLOGIC (PGF.BE) Mid term stock chart patterns for internet stock trading :

None.
PROLOGIC (PGF.BE) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.500 and 0.270 that was broken down at 0.560 transforming into a resistance line.

Stock Trading Conclusion:
PROLOGIC (PGF.BE) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.500, 0.532, 0.559, 0.565, 0.580, 0.585, 0.601, 0.605, 0.630, 0.670, 0.801.
Stock Support levels : 0.454,.