Today we will analyze the stock PHOT-ME INTL (PHQ.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PHOT-ME INTL (PHQ.BE)
1- Last bullish trend was from 0.42 $ (4/5/2011) to 0.46 $ (4/7/2011) a 0.04 $ move 2- The current bearish trend started from 0.46 $ at 4/7/2011 and is currently trading at 0.42 $.
3- PHQ.BE current support level is at 0.41 which is the 127.20 % fibonacci retracement of the last 0.04 $ move.
4- PHQ.BE current resistance level is at 0.42 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PHOT-ME INTL (PHQ.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.460 and 0.480, and is currently resisting at 0.453.
PHOT-ME INTL (PHQ.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.420 and 0.590,resistance between 0.460 and 0.640, the stock channel is currently supported from below by 0.394 and resisted from above by 0.444.
PHOT-ME INTL (PHQ.BE) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 0.420 and 0.580,resistance between 0.680 and 0.750, the stock channel is currently supported from below by 0.405 and resisted from above by 0.551.

Stock Trading Conclusion:
PHOT-ME INTL (PHQ.BE) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.429, 0.435, 0.440, 0.445, 0.451, 0.453, 0.460,.
Stock Support levels : 0.409,.