Today we will analyze the stock CORTEX PHARMACEUTIC (PHX.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in CORTEX PHARMACEUTIC (PHX.BE)
1- Last bullish trend was from 0.08 $ (3/31/2011) to 0.09 $ (4/1/2011) a 0.01 $ move 2- The current bearish trend started from 0.09 $ at 4/1/2011 and is currently trading at 0.08 $.
3- PHX.BE current support level is at 0.08 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- PHX.BE current resistance level is at 0.08 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
CORTEX PHARMACEUTIC (PHX.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.080 .
7- The Stock formed a 0.020 $ height triangle.
CORTEX PHARMACEUTIC (PHX.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.080 .
9- The Stock formed a 0.020 $ height triangle.
CORTEX PHARMACEUTIC (PHX.BE) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Bottom Pattern at 0.080 .
11- The Stock formed a 0.020 $ height triangle.

Stock Trading Conclusion:
CORTEX PHARMACEUTIC (PHX.BE) was trading in a bearish 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 : 0.082, 0.084, 0.085, 0.086, 0.088, 0.090, 0.100.
Stock Support levels : 0.077,.