Today we will analyze the stock PIRELLI and C REAL E. (PIE.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PIRELLI and C REAL E. (PIE.BE)
1- Last bearish trend was from 0.55 $ (3/24/2011) to 0.51 $ (3/28/2011) a 0.04 $ move 2- The current bullish trend started from 0.51 $ at 3/28/2011 and is currently trading at 0.52 $.
3- PIE.BE current support level is at 0.52 which is the 23.60 % fibonacci retracement of the last 0.04 $ move.
4- PIE.BE current resistance level is at 0.53 which is the 38.20 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PIRELLI and C REAL E. (PIE.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.510 and 0.500 that was broken down at 0.520 transforming into a resistance line.
PIRELLI and C REAL E. (PIE.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.500 .
8- The Stock formed a 0.070 $ height triangle.
PIRELLI and C REAL E. (PIE.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 0.500 and 0.400 that was broken down at 0.520 transforming into a resistance line.

Stock Trading Conclusion:
PIRELLI and C REAL E. (PIE.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 : 0.525, 0.530, 0.535, 0.535, 0.543, 0.550, 0.561, 0.575.
Stock Support levels : 0.519, 0.518, 0.516, 0.515, 0.514, 0.510,.