Today we will analyze the stock WEBSENSE (WS5.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in WEBSENSE (WS5.BE)
1- Last bullish trend was from 15.45 $ (3/21/2011) to 16.21 $ (3/24/2011) a 0.76 $ move 2- The current bearish trend started from 16.21 $ at 3/24/2011 and is currently trading at 15.60 $.
3- WS5.BE current support level is at 15.45 which is the 100.00 % fibonacci retracement of the last 0.76 $ move.
4- WS5.BE current resistance level is at 15.74 which is the 61.80 % fibonacci retracement of the last 0.76 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
WEBSENSE (WS5.BE) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 16.210 .
7- The Stock formed a 1.790 $ height triangle which was broken down at 16.070, target of the pattern is 14.280.
WEBSENSE (WS5.BE) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 2.760 $ height triangle which was broken up at 16.170, target of the pattern is 18.930.
WEBSENSE (WS5.BE) Long term stock chart patterns for internet stock trading :

9- The Stock was supported by a support line, identified by two points: 13.750 and 12.230, and is currently supporting at 14.621.

Stock Trading Conclusion:
WEBSENSE (WS5.BE) was trading in a bearish wave, which is becoming weaker .
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 : 15.74, 15.74, 15.83, 15.83, 15.90, 15.92, 15.98, 16.03, 16.11, 16.19, 16.21, 18.42, 18.93.
Stock Support levels : 15.51, 15.45, 15.24, 14.98, 14.62,.