Today we will analyze the stock PSI GROUP (PGT.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PSI GROUP (PGT.BE)
1- Last bullish trend was from 0.93 $ (3/31/2011) to 0.97 $ (4/4/2011) a 0.04 $ move 2- The current bearish trend started from 0.97 $ at 4/4/2011 and is currently trading at 0.94 $.
3- PGT.BE current support level is at 0.93 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
4- PGT.BE current resistance level is at 0.95 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PSI GROUP (PGT.BE) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.930 and 0.970,resistance between 0.970 and 1.020 which was broken up at 0.940.
PSI GROUP (PGT.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.360 $ height triangle which was broken up at 1.020, target of the pattern is 1.380 which was broken down at 0.990, target of the pattern is 0.630.
PSI GROUP (PGT.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PSI GROUP (PGT.BE) was trading in a bearish 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 : 0.945, 0.947, 0.950, 0.951, 0.955, 0.955, 0.959, 0.961, 0.970, 1.110, 1.380.
Stock Support levels : 0.934, 0.930, 0.919, 0.905, 0.767,.