Today we will analyze the stock PEARL RIVER TYRE (PK8.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PEARL RIVER TYRE (PK8.BE)
1- Last bullish trend was from 0.13 $ (3/18/2011) to 0.17 $ (3/30/2011) a 0.04 $ move 2- The current bearish trend started from 0.17 $ at 3/30/2011 and is currently trading at 0.13 $.
3- PK8.BE current support level is at 0.12 which is the 127.20 % fibonacci retracement of the last 0.04 $ move.
4- PK8.BE current resistance level is at 0.13 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PEARL RIVER TYRE (PK8.BE) Short term stock chart patterns for internet stock trading :

None.
PEARL RIVER TYRE (PK8.BE) Mid term stock chart patterns for internet stock trading :

None.
PEARL RIVER TYRE (PK8.BE) Long term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.130 .

Stock Trading Conclusion:
PEARL RIVER TYRE (PK8.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 : 0.139, 0.145, 0.150, 0.155, 0.161, 0.170,.
Stock Support levels : 0.119,.