Today we will analyze the stock WARWICK VALLEY TEL (WAW.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in WARWICK VALLEY TEL (WAW.BE)
1- Last bullish trend was from 10.51 $ (3/9/2011) to 10.95 $ (3/15/2011) a 0.44 $ move 2- The current bearish trend started from 10.95 $ at 3/15/2011 and is currently trading at 10.36 $.
3- WAW.BE current support level is at 10.24 which is the 161.80 % fibonacci retracement of the last 0.44 $ move.
4- WAW.BE current resistance level is at 10.39 which is the 127.20 % fibonacci retracement of the last 0.44 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
WARWICK VALLEY TEL (WAW.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.650 $ height triangle which was broken down at 10.530, target of the pattern is 9.880.
WARWICK VALLEY TEL (WAW.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 1.200 $ height triangle which was broken down at 10.330, target of the pattern is 9.130.
WARWICK VALLEY TEL (WAW.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 12.210 .

Stock Trading Conclusion:
WARWICK VALLEY TEL (WAW.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 : 10.39, 10.50, 10.51, 10.59, 10.62, 10.65, 10.68, 10.72, 10.73, 10.78, 10.85, 10.87, 10.95, 12.27.
Stock Support levels : 10.24, 9.88,.