Today we will analyze the stock GMINEX FPO (GMX.AX) for internet stock trading in the AX stock market,
Stock Technical indicators to notice in GMINEX FPO (GMX.AX)
1- Last bullish trend was from 0.08 $ (3/20/2012) to 0.10 $ (4/4/2012) a 0.02 $ move 2- The current bearish trend started from 0.10 $ at 4/4/2012 and is currently trading at 0.08 $.
3- GMX.AX current support level is at 0.07 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- GMX.AX current resistance level is at 0.08 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
GMINEX FPO (GMX.AX) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.080 .
GMINEX FPO (GMX.AX) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.080 .
GMINEX FPO (GMX.AX) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.080 .

Stock Trading Conclusion:
GMINEX FPO (GMX.AX) was trading in a bearish wave, which is becoming stronger .
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 : 0.085, 0.088, 0.090, 0.092, 0.095, 0.100,.
Stock Support levels : 0.075,.