Today we will analyze the stock PREMIUM INVESTORS (PIS.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PREMIUM INVESTORS (PIS.BE)
1- Last bullish trend was from 0.46 $ (3/17/2011) to 0.49 $ (3/21/2011) a 0.03 $ move 2- The current bearish trend started from 0.49 $ at 3/21/2011 and is currently trading at 0.48 $.
3- PIS.BE current support level is at 0.48 which is the 38.20 % fibonacci retracement of the last 0.03 $ move.
4- PIS.BE current resistance level is at 0.48 which is the 23.60 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
PREMIUM INVESTORS (PIS.BE) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.460 $ and 0.490 $.

PREMIUM INVESTORS (PIS.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.460 .
8- The Stock formed a 0.060 $ height triangle which was broken up at 0.480, target of the pattern is 0.540.
PREMIUM INVESTORS (PIS.BE) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 0.150 $ height triangle which was broken down at 0.470, target of the pattern is 0.320.

Stock Trading Conclusion:
PREMIUM INVESTORS (PIS.BE) was trading in a strong bullish wave, which is becoming weaker .
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 : 0.480, 0.482, 0.483, 0.484, 0.485, 0.486, 0.490, 0.520, 0.540.
Stock Support levels : 0.479, 0.478, 0.475, 0.471, 0.460, 0.452, 0.441,.