Today we will analyze the stock PARGESA HLDG (PGH1.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PARGESA HLDG (PGH1.BE)
1- Last bullish trend was from 60.95 $ (3/22/2011) to 67.27 $ (3/25/2011) a 6.32 $ move 2- The current bearish trend started from 67.27 $ at 3/25/2011 and is currently trading at 65.01 $.
3- PGH1.BE current support level is at 64.86 which is the 38.20 % fibonacci retracement of the last 6.32 $ move.
4- PGH1.BE current resistance level is at 65.78 which is the 23.60 % fibonacci retracement of the last 6.32 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PARGESA HLDG (PGH1.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 67.270 and 68.480, and is currently resisting at 66.758.
PARGESA HLDG (PGH1.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 60.950 and 56.240, and is currently supporting at 61.818.
PARGESA HLDG (PGH1.BE) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 60.950 and 49.060,resistance between 68.480 and 56.880, the stock channel is currently supported from below by 62.098 and resisted from above by 70.975.

Stock Trading Conclusion:
PARGESA HLDG (PGH1.BE) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 65.54, 65.78, 65.87, 66.14, 66.41, 66.76, 67.27,.
Stock Support levels : 64.86, 64.11, 63.36, 61.82, 60.95, 59.23,.