Today we will analyze the stock PARK ELECTROCHEMIC (PKE.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PARK ELECTROCHEMIC (PKE.BE)
1- Last bullish trend was from 19.64 $ (3/18/2011) to 22.69 $ (4/7/2011) a 3.05 $ move 2- The current bearish trend started from 22.69 $ at 4/7/2011 and is currently trading at 21.75 $.
3- PKE.BE current support level is at 21.52 which is the 38.20 % fibonacci retracement of the last 3.05 $ move.
4- PKE.BE current resistance level is at 21.97 which is the 23.60 % fibonacci retracement of the last 3.05 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PARK ELECTROCHEMIC (PKE.BE) Short term stock chart patterns for internet stock trading :

None.
PARK ELECTROCHEMIC (PKE.BE) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 23.810 and 25.000 that was broken up at 22.220 transforming into a supporting line.
PARK ELECTROCHEMIC (PKE.BE) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 19.640 and 18.680, and is currently supporting at 19.776.

Stock Trading Conclusion:
PARK ELECTROCHEMIC (PKE.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 : 21.97, 21.97, 22.11, 22.22, 22.33, 22.69,.
Stock Support levels : 21.60, 21.52, 21.17, 20.81, 19.78, 19.64, 18.81,.