Today we will analyze the stock THORNBURG MTG (TJ6.BE) for internet stock trading in the BE stock market,
Stock Technical indicators to notice in THORNBURG MTG (TJ6.BE)
1- Last bullish trend was from 0.25 $ (9/19/2008) to 0.28 $ (9/24/2008) a 0.03 $ move 2- The current bearish trend started from 0.28 $ at 9/24/2008 and is currently trading at 0.25 $.
3- TJ6.BE current support level is at 0.24 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
4- TJ6.BE current resistance level is at 0.25 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
THORNBURG MTG (TJ6.BE) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bearish stock channel identifed by support at 0.250 and 0.270,resistance between 0.280 and 0.300, the stock channel is currently supported from below by 0.240 and resisted from above by 0.276.
THORNBURG MTG (TJ6.BE) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.090 $ height triangle which was broken down at 0.250, target of the pattern is 0.160.
THORNBURG MTG (TJ6.BE) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.090 $ height triangle which was broken down at 0.250, target of the pattern is 0.160.

Stock Trading Conclusion:
THORNBURG MTG (TJ6.BE) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.257, 0.261, 0.262, 0.265, 0.269, 0.273, 0.280,.
Stock Support levels : 0.242, 0.231, 0.160,.