Today we will analyze the stock PLUM CREEK TIMBER (PK0.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PLUM CREEK TIMBER (PK0.BE)
1- Last bullish trend was from 28.76 $ (3/8/2011) to 31.20 $ (3/31/2011) a 2.44 $ move 2- The current bearish trend started from 31.20 $ at 3/31/2011 and is currently trading at 29.32 $.
3- PK0.BE current support level is at 28.76 which is the 100.00 % fibonacci retracement of the last 2.44 $ move.
4- PK0.BE current resistance level is at 29.69 which is the 61.80 % fibonacci retracement of the last 2.44 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PLUM CREEK TIMBER (PK0.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 31.200 .
PLUM CREEK TIMBER (PK0.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 31.200 .
8- The Stock formed a 5.360 $ height triangle which was broken down at 29.320, target of the pattern is 23.960.
PLUM CREEK TIMBER (PK0.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 29.550 and 32.220 that was broken up at 27.400 transforming into a supporting line.

Stock Trading Conclusion:
PLUM CREEK TIMBER (PK0.BE) was trading in a bearish 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 : 29.68, 29.69, 29.76, 29.98, 30.04, 30.26, 30.27, 30.48, 30.62, 31.18, 31.20,.
Stock Support levels : 28.76, 28.10, 27.25, 23.96,.