Today we will analyze the stock NEXT MEDIA (PPK.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in NEXT MEDIA (PPK.F)
1- Last bearish trend was from 0.07 $ (3/5/2012) to 0.05 $ (4/4/2012) a 0.02 $ move 2- The current bullish trend started from 0.05 $ at 4/4/2012 and is currently trading at 0.06 $.
3- PPK.F current support level is at 0.06 which is the 38.20 % fibonacci retracement of the last 0.02 $ move.
4- PPK.F current resistance level is at 0.06 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
NEXT MEDIA (PPK.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.070 .
NEXT MEDIA (PPK.F) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.070 .
NEXT MEDIA (PPK.F) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.070 .

Stock Trading Conclusion:
NEXT MEDIA (PPK.F) was trading in a bullish 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 : 0.060, 0.062, 0.070, 0.075, 0.082.
Stock Support levels : 0.058, 0.058, 0.056, 0.055, 0.055, 0.054, 0.050,.