Today we will analyze the stock PIRELLI and C. (PIL.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PIRELLI and C. (PIL.BE)
1- Last bearish trend was from 0.47 $ (7/13/2010) to 0.44 $ (7/14/2010) a 0.03 $ move 2- The current bullish trend started from 0.44 $ at 7/14/2010 and is currently trading at 0.49 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PIRELLI and C. (PIL.BE) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.440 .
5- The Stock formed a 0.050 $ height triangle which was broken up at 0.480, target of the pattern is 0.530.
PIRELLI and C. (PIL.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.440 .
7- The Stock formed a 0.050 $ height triangle which was broken up at 0.480, target of the pattern is 0.530.
PIRELLI and C. (PIL.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.440 and 0.410, and is currently supporting at 0.447.

Stock Trading Conclusion:
PIRELLI and C. (PIL.BE) was trading in a 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 : 0.530,.
Stock Support levels : 0.478, 0.471, 0.465, 0.459, 0.459, 0.447, 0.440,.