Today we will analyze the stock PROACT IT GROUP (PIU.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PROACT IT GROUP (PIU.BE)
1- Last bearish trend was from 15.01 $ (3/4/2011) to 13.28 $ (3/17/2011) a 1.73 $ move 2- The current bullish trend started from 13.28 $ at 3/17/2011 and is currently trading at 15.23 $.
3- PIU.BE current support level is at 15.01 which is the 100.00 % fibonacci retracement of the last 1.73 $ move.
4- PIU.BE current resistance level is at 15.48 which is the 127.20 % fibonacci retracement of the last 1.73 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PROACT IT GROUP (PIU.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 13.280 and 12.500, and is currently supporting at 13.883.
PROACT IT GROUP (PIU.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 13.280 and 12.500,resistance between 15.010 and 13.470, the stock channel is currently supported from below by 13.883 and resisted from above by 16.092.
PROACT IT GROUP (PIU.BE) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bullish stock channel identifed by support at 13.280 and 10.060,resistance between 15.010 and 11.380, the stock channel is currently supported from below by 13.917 and resisted from above by 15.983.

Stock Trading Conclusion:
PROACT IT GROUP (PIU.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 : 15.48, 16.08.
Stock Support levels : 15.01, 14.77, 14.49, 14.35, 14.25, 14.15, 14.02, 13.94, 13.88, 13.69, 13.28,.