Today we will analyze the stock PEPCO HOLDINGS (PPJ.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PEPCO HOLDINGS (PPJ.BE)
1- Last bullish trend was from 12.43 $ (3/21/2011) to 12.94 $ (4/5/2011) a 0.51 $ move 2- The current bearish trend started from 12.94 $ at 4/5/2011 and is currently trading at 12.52 $.
3- PPJ.BE current support level is at 12.43 which is the 100.00 % fibonacci retracement of the last 0.51 $ move.
4- PPJ.BE current resistance level is at 12.62 which is the 61.80 % fibonacci retracement of the last 0.51 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PEPCO HOLDINGS (PPJ.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 12.940 and 13.410, and is currently resisting at 12.836.
PEPCO HOLDINGS (PPJ.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 12.150 .
PEPCO HOLDINGS (PPJ.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 8.650 .

Stock Trading Conclusion:
PEPCO HOLDINGS (PPJ.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 : 12.62, 12.62, 12.68, 12.68, 12.73, 12.75, 12.78, 12.82, 12.84, 12.94,.
Stock Support levels : 12.43, 12.29, 12.15, 12.11,.