Today we will analyze the stock PALISADES PETROLEUM (3X2.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in PALISADES PETROLEUM (3X2.F)
1- Last bullish trend was from 0.01 $ (12/4/2009) to 0.04 $ (12/10/2009) a 0.03 $ move 2- The current bearish trend started from 0.04 $ at 12/10/2009 and is currently trading at 0.01 $.
3- 3X2.F current support level is at 0.00 which is the 127.20 % fibonacci retracement of the last 0.03 $ move.
4- 3X2.F current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.03 $ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
PALISADES PETROLEUM (3X2.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.040 .
PALISADES PETROLEUM (3X2.F) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.040 .
PALISADES PETROLEUM (3X2.F) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.040 .

Stock Trading Conclusion:
PALISADES PETROLEUM (3X2.F) was trading in a strong bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 0.017, 0.021, 0.025, 0.029, 0.033, 0.040, 0.050.
Stock Support levels : 0.002,.