Today we will analyze the stock DARA BIOSCIENCE (PJUD.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in DARA BIOSCIENCE (PJUD.BE)
1- Last bullish trend was from 0.26 $ (5/10/2010) to 0.29 $ (5/11/2010) a 0.03 $ move 2- The current bearish trend started from 0.29 $ at 5/11/2010 and is currently trading at 0.27 $.
3- PJUD.BE current support level is at 0.26 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
4- PJUD.BE current resistance level is at 0.27 which is the 61.80 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
DARA BIOSCIENCE (PJUD.BE) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.260 and 0.290,resistance between 0.290 and 0.310, the stock channel is currently supported from below by 0.239 and resisted from above by 0.274.
DARA BIOSCIENCE (PJUD.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.260 and 0.290,resistance between 0.290 and 0.310, the stock channel is currently supported from below by 0.239 and resisted from above by 0.274.
DARA BIOSCIENCE (PJUD.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.330 and 0.430 that was broken up at 0.300 transforming into a supporting line.

Stock Trading Conclusion:
DARA BIOSCIENCE (PJUD.BE) was trading in a bearish 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 : 0.271, 0.275, 0.275, 0.278, 0.279, 0.280, 0.282, 0.283, 0.290,.
Stock Support levels : 0.260, 0.252, 0.241,.