Today we will analyze the stock PEGASUS INTER (PH9.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PEGASUS INTER (PH9.BE)
1- Last bullish trend was from 0.10 $ (2/21/2011) to 0.12 $ (2/22/2011) a 0.02 $ move 2- The current bearish trend started from 0.12 $ at 2/22/2011 and is currently trading at 0.09 $.
3- PH9.BE current support level is at 0.09 which is the 161.80 % fibonacci retracement of the last 0.02 $ move.
4- PH9.BE current resistance level is at 0.09 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PEGASUS INTER (PH9.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.100 that failed and formed a resistance.
7- The Stock formed Double Top Pattern at 0.120 .
PEGASUS INTER (PH9.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.100 that failed and formed a resistance.
9- The Stock formed Double Top Pattern at 0.120 .
PEGASUS INTER (PH9.BE) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.100 that failed and formed a resistance.
11- The Stock formed Double Top Pattern at 0.120 .

Stock Trading Conclusion:
PEGASUS INTER (PH9.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 : 0.095, 0.097, 0.100, 0.101, 0.105, 0.108, 0.109, 0.110, 0.112, 0.115, 0.120,.
Stock Support levels :.