Today we will analyze the stock POKFULAM DEVL (PK7.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in POKFULAM DEVL (PK7.BE)
1- Last bearish trend was from 0.70 $ (3/3/2011) to 0.64 $ (3/21/2011) a 0.06 $ move 2- The current bullish trend started from 0.64 $ at 3/21/2011 and is currently trading at 0.66 $.
3- PK7.BE current support level is at 0.65 which is the 23.60 % fibonacci retracement of the last 0.06 $ move.
4- PK7.BE current resistance level is at 0.66 which is the 38.20 % fibonacci retracement of the last 0.06 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
POKFULAM DEVL (PK7.BE) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.640 and 0.670,resistance between 0.700 and 0.720 which was broken up at 0.680.
POKFULAM DEVL (PK7.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.730 and 0.800 that was broken up at 0.690 transforming into a supporting line.
POKFULAM DEVL (PK7.BE) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.490 and 0.480, and is currently supporting at 0.511.

Stock Trading Conclusion:
POKFULAM DEVL (PK7.BE) was trading in a bearish wave, which is becoming weaker .
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 : 0.663, 0.670, 0.677, 0.700, 0.716, 0.737.
Stock Support levels : 0.655, 0.654, 0.652, 0.650, 0.648, 0.640, 0.640, 0.587,.