Today we will analyze the stock PITTLER MASCHINEN (PIT.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PITTLER MASCHINEN (PIT.BE)
1- Last bearish trend was from 1.60 $ (12/30/2010) to 1.50 $ (1/3/2011) a 0.10 $ move 2- The current bullish trend started from 1.50 $ at 1/3/2011 and is currently trading at 1.76 $.
3- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PITTLER MASCHINEN (PIT.BE) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bullish stock channel identifed by support at 1.500 and 1.200,resistance between 1.600 and 1.250 which was broken down at 1.620.
PITTLER MASCHINEN (PIT.BE) Mid term stock chart patterns for internet stock trading :

5- The Stock was supported by a support line, identified by two points: 1.500 and 1.100 that was broken down at 1.620 transforming into a resistance line.
PITTLER MASCHINEN (PIT.BE) Long term stock chart patterns for internet stock trading :


Stock Trading Conclusion:
PITTLER MASCHINEN (PIT.BE) was trading in a strong bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 2.03, 2.12.
Stock Support levels : 1.70, 1.66, 1.63, 1.60,.