Today we will analyze the stock ALTRIA GROUP (PHM8.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in ALTRIA GROUP (PHM8.BE)
1- Last bearish trend was from 18.55 $ (3/11/2011) to 17.23 $ (3/17/2011) a 1.32 $ move 2- The current bullish trend started from 17.23 $ at 3/17/2011 and is currently trading at 18.09 $.
3- PHM8.BE current support level is at 18.05 which is the 61.80 % fibonacci retracement of the last 1.32 $ move.
4- PHM8.BE current resistance level is at 18.55 which is the 100.00 % fibonacci retracement of the last 1.32 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
6- Bullish Divergance in MACD Indicator .
ALTRIA GROUP (PHM8.BE) Short term stock chart patterns for internet stock trading :

7- The Stock formed a 1.750 $ height triangle.
ALTRIA GROUP (PHM8.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 2.130 $ height triangle.
ALTRIA GROUP (PHM8.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 15.810 and 11.420 that was broken down at 18.150 transforming into a resistance line.

Stock Trading Conclusion:
ALTRIA GROUP (PHM8.BE) was trading in a bullish 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 : 18.55, 18.91, 19.34, 19.37.
Stock Support levels : 18.05, 17.89, 17.89, 17.76, 17.73, 17.66, 17.56, 17.54, 17.23,.