Today we will analyze the stock PLATINUM AUSTRALIA (PTL.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in PLATINUM AUSTRALIA (PTL.F)
1- Last bullish trend was from 0.09 $ (4/26/2012) to 0.11 $ (4/27/2012) a 0.02 $ move 2- The current bearish trend started from 0.11 $ at 4/27/2012 and is currently trading at 0.08 $.
3- PTL.F current support level is at 0.08 which is the 161.80 % fibonacci retracement of the last 0.02 $ move.
4- PTL.F current resistance level is at 0.08 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PLATINUM AUSTRALIA (PTL.F) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.110 .
7- The Stock formed a 0.040 $ height triangle which was broken down at 0.080, target of the pattern is 0.040.
PLATINUM AUSTRALIA (PTL.F) Mid term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.110 .
9- The Stock formed a 0.040 $ height triangle which was broken down at 0.080, target of the pattern is 0.040.
PLATINUM AUSTRALIA (PTL.F) Long term stock chart patterns for internet stock trading :

10- The Stock formed Double Top Pattern at 0.110 .
11- The Stock formed a 0.040 $ height triangle which was broken down at 0.080, target of the pattern is 0.040.

Stock Trading Conclusion:
PLATINUM AUSTRALIA (PTL.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 : 0.085, 0.087, 0.090, 0.091, 0.095, 0.098, 0.099, 0.100, 0.102, 0.105, 0.110, 0.110,.
Stock Support levels : 0.078, 0.040,.