Today we will analyze the stock PATTIES FOODS (PH4.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PATTIES FOODS (PH4.BE)
1- Last bearish trend was from 1.09 $ (3/11/2011) to 0.93 $ (3/18/2011) a 0.16 $ move 2- The current bullish trend started from 0.93 $ at 3/18/2011 and is currently trading at 1.01 $.
3- PH4.BE current support level is at 1.01 which is the 50.00 % fibonacci retracement of the last 0.16 $ move.
4- PH4.BE current resistance level is at 1.03 which is the 61.80 % fibonacci retracement of the last 0.16 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
PATTIES FOODS (PH4.BE) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 1.090 .
PATTIES FOODS (PH4.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.930 and 0.900, and is currently supporting at 0.942.
PATTIES FOODS (PH4.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 0.930 and 0.900, and is currently supporting at 0.942.

Stock Trading Conclusion:
PATTIES FOODS (PH4.BE) was trading in a bullish wave, which is becoming weaker .
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 : 1.03, 1.09, 1.13, 1.19.
Stock Support levels : 0.99, 0.99, 0.98, 0.97, 0.97, 0.96, 0.94, 0.93,.