Today we will analyze the stock PROTEOME SCIENCES (PI2.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PROTEOME SCIENCES (PI2.BE)
1- Last bearish trend was from 0.30 $ (4/4/2011) to 0.27 $ (4/7/2011) a 0.03 $ move 2- The current bullish trend started from 0.27 $ at 4/7/2011 and is currently trading at 0.28 $.
3- PI2.BE current support level is at 0.28 which is the 23.60 % fibonacci retracement of the last 0.03 $ move.
4- PI2.BE current resistance level is at 0.28 which is the 38.20 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
PROTEOME SCIENCES (PI2.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.300 .
PROTEOME SCIENCES (PI2.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.280 and 0.320,resistance between 0.300 and 0.340, the stock channel is currently supported from below by 0.240 and resisted from above by 0.280.
PROTEOME SCIENCES (PI2.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.170 $ height triangle which was broken down at 0.350, target of the pattern is 0.180.

Stock Trading Conclusion:
PROTEOME SCIENCES (PI2.BE) was trading in a strong bearish wave, which is becoming stronger .
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 : 0.281, 0.285, 0.289, 0.300, 0.308, 0.319, 0.340, 0.427.
Stock Support levels : 0.278, 0.277, 0.276, 0.275, 0.274, 0.270,.