Today we will analyze the stock PIONEER COS (PJL.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PIONEER COS (PJL.BE)
1- Last bearish trend was from 26.00 $ (5/21/2007) to 24.73 $ (7/16/2007) a 1.27 $ move 2- The current bullish trend started from 24.73 $ at 7/16/2007 and is currently trading at 25.36 $.
3- PJL.BE current support level is at 25.22 which is the 38.20 % fibonacci retracement of the last 1.27 $ move.
4- PJL.BE current resistance level is at 25.36 which is the 50.00 % fibonacci retracement of the last 1.27 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PIONEER COS (PJL.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 24.730 and 20.700 that was broken down at 24.850 transforming into a resistance line.
PIONEER COS (PJL.BE) Mid term stock chart patterns for internet stock trading :

None.
PIONEER COS (PJL.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PIONEER COS (PJL.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 : 25.36, 25.51, 26.00, 26.35, 26.78, 27.88.
Stock Support levels : 25.22, 25.21, 25.12, 25.05, 25.03, 24.97, 24.73,.