Today we will analyze the stock Bel Fuse Inc. (BELFA) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Bel Fuse Inc. (BELFA)
1- Last bullish trend was from 16.74 $ (4/23/2012) to 19.25 $ (5/3/2012) a 2.51 $ move 2- The current bearish trend started from 19.25 $ at 5/3/2012 and is currently trading at 18.50 $.
3- BELFA current support level is at 18.29 which is the 38.20 % fibonacci retracement of the last 2.51 $ move.
4- BELFA current resistance level is at 18.66 which is the 23.60 % fibonacci retracement of the last 2.51 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
Bel Fuse Inc. (BELFA) Short term stock chart patterns for internet stock trading :

None.
Bel Fuse Inc. (BELFA) Mid term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 18.940 and 20.700 that was broken up at 18.960 transforming into a supporting line.
Bel Fuse Inc. (BELFA) Long term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 16.740 and 18.180,resistance between 20.700 and 22.060, the stock channel is currently supported from below by 16.246 and resisted from above by 19.748.

Stock Trading Conclusion:
Bel Fuse Inc. (BELFA) was trading in a bullish wave, which is becoming weaker .
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 : 18.66, 18.68, 18.79, 18.88, 18.96, 19.25,.
Stock Support levels : 18.29, 17.99, 17.70, 17.41, 16.74, 16.06,.