Today we will analyze the stock PICO HOLDINGS (PID.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PICO HOLDINGS (PID.BE)
1- Last bearish trend was from 24.41 $ (1/13/2011) to 19.62 $ (3/16/2011) a 4.79 $ move 2- The current bullish trend started from 19.62 $ at 3/16/2011 and is currently trading at 20.70 $.
3- PID.BE current support level is at 19.62 which is the 0.00 % fibonacci retracement of the last 4.79 $ move.
4- PID.BE current resistance level is at 20.75 which is the 23.60 % fibonacci retracement of the last 4.79 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PICO HOLDINGS (PID.BE) Short term stock chart patterns for internet stock trading :

None.
PICO HOLDINGS (PID.BE) Mid term stock chart patterns for internet stock trading :

None.
PICO HOLDINGS (PID.BE) Long term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 20.990 and 20.570 that was broken down at 21.550 transforming into a resistance line.

Stock Trading Conclusion:
PICO HOLDINGS (PID.BE) was trading in a bearish 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 : 20.75, 21.45, 21.99, 22.01, 22.58, 24.41, 25.71, 27.37.
Stock Support levels : 20.45, 20.29, 20.16, 20.03, 19.62,.