Today we will analyze the stock PINETREE CAPITAL (PI1.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PINETREE CAPITAL (PI1.BE)
1- Last bullish trend was from 2.13 $ (4/1/2011) to 2.28 $ (4/5/2011) a 0.15 $ move 2- The current bearish trend started from 2.28 $ at 4/5/2011 and is currently trading at 2.18 $.
3- PI1.BE current support level is at 2.13 which is the 100.00 % fibonacci retracement of the last 0.15 $ move.
4- PI1.BE current resistance level is at 2.19 which is the 61.80 % fibonacci retracement of the last 0.15 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PINETREE CAPITAL (PI1.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.290 $ height triangle which was broken down at 2.160, target of the pattern is 1.870.
PINETREE CAPITAL (PI1.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.420 $ height triangle which was broken up at 2.180, target of the pattern is 2.600 which was broken down at 2.160, target of the pattern is 1.740.
PINETREE CAPITAL (PI1.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 1.050 $ height triangle which was broken down at 2.160, target of the pattern is 1.110.

Stock Trading Conclusion:
PINETREE CAPITAL (PI1.BE) was trading in a bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 2.18, 2.19, 2.20, 2.20, 2.22, 2.22, 2.23, 2.24, 2.24, 2.28, 2.37, 2.60.
Stock Support levels : 2.13, 2.09, 2.04, 2.04, 1.87, 1.74,.