Today we will analyze the stock PHOTON DYNAMICS (PHY.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PHOTON DYNAMICS (PHY.BE)
1- Last bearish trend was from 0.07 $ (3/25/2011) to 0.06 $ (4/5/2011) a 0.01 $ move 2- The current bullish trend started from 0.06 $ at 4/5/2011 and is currently trading at 0.07 $.
3- PHY.BE current support level is at 0.07 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- PHY.BE current resistance level is at 0.07 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 getting stronger.
PHOTON DYNAMICS (PHY.BE) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.060 $ and 0.070 $.

PHOTON DYNAMICS (PHY.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.060 $ and 0.070 $.

PHOTON DYNAMICS (PHY.BE) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.060 $ and 0.070 $.


Stock Trading Conclusion:
PHOTON DYNAMICS (PHY.BE) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.073, 0.076, 0.080.
Stock Support levels : 0.068, 0.066, 0.065, 0.064, 0.062, 0.060,.