Today we will analyze the stock PONAXIS (POS.DU) for internet stock trading in the DU stock market,
Stock Technical indicators to notice in PONAXIS (POS.DU)
1- Last bearish trend was from 0.05 $ (11/13/2009) to 0.04 $ (11/17/2009) a 0.01 $ move 2- The current bullish trend started from 0.04 $ at 11/17/2009 and is currently trading at 0.06 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
PONAXIS (POS.DU) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Bottom Pattern at 0.040 .
5- The Stock formed Double Top Pattern at 0.050 that failed, and formed a support .
PONAXIS (POS.DU) Mid term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.040 .
7- The Stock formed Double Top Pattern at 0.050 that failed, and formed a support .
PONAXIS (POS.DU) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.040 .
9- The Stock formed Double Top Pattern at 0.050 that failed, and formed a support .

Stock Trading Conclusion:
PONAXIS (POS.DU) was trading in a bullish 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 : .
Stock Support levels : 0.055, 0.052, 0.050, 0.050, 0.048, 0.040,.