Today we will analyze the stock PHI NVTG (PHJ.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PHI NVTG (PHJ.BE)
1- Last bearish trend was from 15.05 $ (3/10/2011) to 13.81 $ (3/14/2011) a 1.24 $ move 2- The current bullish trend started from 13.81 $ at 3/14/2011 and is currently trading at 15.56 $.
3- PHJ.BE current support level is at 15.39 which is the 127.20 % fibonacci retracement of the last 1.24 $ move.
4- PHJ.BE current resistance level is at 15.82 which is the 161.80 % fibonacci retracement of the last 1.24 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PHI NVTG (PHJ.BE) Short term stock chart patterns for internet stock trading :

None.
PHI NVTG (PHJ.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 15.050 and 15.410 that was broken up at 15.270 transforming into a supporting line.
PHI NVTG (PHJ.BE) Long term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 15.410 that failed, and formed a support .
8- The Stock was supported by a support line, identified by two points: 13.810 and 13.740, and is currently supporting at 13.927.

Stock Trading Conclusion:
PHI NVTG (PHJ.BE) was trading in a bullish wave, which is becoming stronger .
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 : 15.82.
Stock Support levels : 15.39, 15.15, 15.05, 14.89, 14.69, 14.58, 14.48, 14.43, 14.28, 14.10, 13.93, 13.92, 13.81,.