Today we will analyze the stock PHARMING GROUP NV (PHG.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PHARMING GROUP NV (PHG.BE)
1- Last bearish trend was from 0.14 $ (3/31/2011) to 0.13 $ (4/1/2011) a 0.01 $ move 2- The current bullish trend started from 0.13 $ at 4/1/2011 and is currently trading at 0.14 $.
3- PHG.BE current support level is at 0.14 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- PHG.BE current resistance level is at 0.14 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PHARMING GROUP NV (PHG.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.140 .
7- The Stock formed a 0.020 $ height triangle which was broken down at 0.140, target of the pattern is 0.120.
PHARMING GROUP NV (PHG.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.140 .
9- The Stock formed a 0.020 $ height triangle which was broken down at 0.140, target of the pattern is 0.120.
PHARMING GROUP NV (PHG.BE) Long term stock chart patterns for internet stock trading :

10- The Stock formed a 0.140 $ height triangle which was broken up at 0.140, target of the pattern is 0.280 which was broken down at 0.140, target of the pattern is 0.000.

Stock Trading Conclusion:
PHARMING GROUP NV (PHG.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 : 0.142, 0.143, 0.146, 0.193, 0.280.
Stock Support levels : 0.138, 0.136, 0.135, 0.135, 0.134, 0.132, 0.130, 0.129, 0.120,.