Today we will analyze the stock PLATINUM MGMT (PIJ.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PLATINUM MGMT (PIJ.BE)
1- Last bearish trend was from 3.09 $ (3/2/2011) to 2.78 $ (3/15/2011) a 0.31 $ move 2- The current bullish trend started from 2.78 $ at 3/15/2011 and is currently trading at 3.03 $.
3- PIJ.BE current support level is at 2.97 which is the 61.80 % fibonacci retracement of the last 0.31 $ move.
4- PIJ.BE current resistance level is at 3.09 which is the 100.00 % fibonacci retracement of the last 0.31 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PLATINUM MGMT (PIJ.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 3.090 and 3.150 that was broken up at 3.060 transforming into a supporting line.
PLATINUM MGMT (PIJ.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 3.820 .
PLATINUM MGMT (PIJ.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 3.820 .

Stock Trading Conclusion:
PLATINUM MGMT (PIJ.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 : 3.09, 3.17, 3.28, 3.64,.
Stock Support levels : 2.98, 2.97, 2.97, 2.93, 2.93, 2.90, 2.90, 2.88, 2.85, 2.78,.