Today we will analyze the stock SANDERS MORRIS GRP (PI3.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in SANDERS MORRIS GRP (PI3.BE)
1- Last bearish trend was from 5.09 $ (3/22/2011) to 4.93 $ (3/23/2011) a 0.16 $ move 2- The current bullish trend started from 4.93 $ at 3/23/2011 and is currently trading at 5.83 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
SANDERS MORRIS GRP (PI3.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.390 $ height triangle which was broken up at 5.190, target of the pattern is 5.580.
SANDERS MORRIS GRP (PI3.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock was resisted by a resistance line, identified by two points: 5.180 and 5.680 that was broken up at 5.190 transforming into a supporting line.
SANDERS MORRIS GRP (PI3.BE) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 4.750 and 3.750, and is currently supporting at 4.878.

Stock Trading Conclusion:
SANDERS MORRIS GRP (PI3.BE) was trading in a strong bullish 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 : .
Stock Support levels : 5.62, 5.49, 5.38, 5.27, 5.01, 4.93, 4.88,.