Today we will analyze the stock MININGPRO FPO (MPJ.AX) for internet stock trading in the AX stock market,
Stock Technical indicators to notice in MININGPRO FPO (MPJ.AX)
1- Last bearish trend was from 0.02 $ (12/30/2011) to 0.01 $ (1/3/2012) a 0.01 $ move 2- The current bullish trend started from 0.01 $ at 1/3/2012 and is currently trading at 0.02 $.
3- MPJ.AX current support level is at 0.02 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
4- MPJ.AX current resistance level is at 0.02 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
MININGPRO FPO (MPJ.AX) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.

MININGPRO FPO (MPJ.AX) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.

MININGPRO FPO (MPJ.AX) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.010 $ and 0.020 $.


Stock Trading Conclusion:
MININGPRO FPO (MPJ.AX) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.023, 0.026.
Stock Support levels : 0.018, 0.016, 0.015, 0.014, 0.012, 0.010,.