Today we will analyze the stock PURE BIOFUELS (R3K.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in PURE BIOFUELS (R3K.DE)
1- Last bullish trend was from 0.05 $ (10/27/2010) to 0.08 $ (11/29/2010) a 0.03 $ move 2- The current bearish trend started from 0.08 $ at 11/29/2010 and is currently trading at 0.01 $.
3- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PURE BIOFUELS (R3K.DE) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 0.080 .
5- The Stock formed a 0.070 $ height triangle which was broken down at 0.010, target of the pattern is -0.060.
PURE BIOFUELS (R3K.DE) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.080 .
7- The Stock formed a 0.070 $ height triangle which was broken down at 0.010, target of the pattern is -0.060.
PURE BIOFUELS (R3K.DE) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.080 .
9- The Stock formed a 0.070 $ height triangle which was broken down at 0.010, target of the pattern is -0.060.

Stock Trading Conclusion:
PURE BIOFUELS (R3K.DE) 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 : 0.027, 0.037, 0.045, 0.053, 0.060, 0.080, 0.090,.
Stock Support levels : -0.060,.