Today we will analyze the stock BUMI RESOURCES (PJM.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in BUMI RESOURCES (PJM.BE)
1- Last bearish trend was from 0.27 $ (3/31/2011) to 0.25 $ (4/6/2011) a 0.02 $ move 2- The current bullish trend started from 0.25 $ at 4/6/2011 and is currently trading at 0.26 $.
3- PJM.BE current support level is at 0.26 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
4- PJM.BE current resistance level is at 0.26 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
BUMI RESOURCES (PJM.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.250 .
BUMI RESOURCES (PJM.BE) Mid term stock chart patterns for internet stock trading :

None.
BUMI RESOURCES (PJM.BE) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
BUMI RESOURCES (PJM.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 : 0.262, 0.270, 0.275, 0.282.
Stock Support levels : 0.258, 0.256, 0.255, 0.255, 0.254, 0.250,.