Today we will analyze the stock PANNONPLAST (PPL1.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in PANNONPLAST (PPL1.BE)
1- Last bullish trend was from 5.81 $ (10/17/2007) to 6.40 $ (11/5/2007) a 0.59 $ move 2- The current bearish trend started from 6.40 $ at 11/5/2007 and is currently trading at 5.88 $.
3- PPL1.BE current support level is at 5.81 which is the 100.00 % fibonacci retracement of the last 0.59 $ move.
4- PPL1.BE current resistance level is at 6.04 which is the 61.80 % fibonacci retracement of the last 0.59 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PANNONPLAST (PPL1.BE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 6.400 and 6.770, and is currently resisting at 6.197.
PANNONPLAST (PPL1.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 2.570 $ height triangle which was broken down at 6.150, target of the pattern is 3.580.
PANNONPLAST (PPL1.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 2.570 $ height triangle which was broken down at 6.150, target of the pattern is 3.580.

Stock Trading Conclusion:
PANNONPLAST (PPL1.BE) was trading in a bearish wave, which is becoming stronger .
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 : 6.00, 6.04, 6.08, 6.11, 6.14, 6.17, 6.20, 6.20, 6.26, 6.37, 6.40,.
Stock Support levels : 5.81, 5.65, 5.45, 3.58,.