Today we will analyze the stock PHOTOCHANNEL NET (PHF.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PHOTOCHANNEL NET (PHF.BE)
1- Last bullish trend was from 0.96 $ (3/28/2011) to 1.02 $ (4/5/2011) a 0.06 $ move 2- The current bearish trend started from 1.02 $ at 4/5/2011 and is currently trading at 0.98 $.
3- PHF.BE current support level is at 0.96 which is the 100.00 % fibonacci retracement of the last 0.06 $ move.
4- PHF.BE current resistance level is at 0.98 which is the 61.80 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PHOTOCHANNEL NET (PHF.BE) Short term stock chart patterns for internet stock trading :

None.
PHOTOCHANNEL NET (PHF.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock formed a 0.180 $ height triangle which was broken up at 0.990, target of the pattern is 1.170.
PHOTOCHANNEL NET (PHF.BE) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.950 and 1.010,resistance between 1.130 and 1.230, the stock channel is currently supported from below by 0.864 and resisted from above by 1.028.

Stock Trading Conclusion:
PHOTOCHANNEL NET (PHF.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 : 0.983, 0.989, 0.990, 0.995, 0.997, 1.000, 1.005, 1.006, 1.020, 1.170.
Stock Support levels : 0.960, 0.958, 0.944,.