Today we will analyze the stock PHENOMEDIA (PNM.DE) for internet stock trading in the DE stock market,
Stock Technical indicators to notice in PHENOMEDIA (PNM.DE)
1- Last bullish trend was from 0.03 $ (4/29/2011) to 0.07 $ (5/18/2011) a 0.04 $ move 2- The current bearish trend started from 0.07 $ at 5/18/2011 and is currently trading at 0.06 $.
3- PNM.DE current support level is at 0.05 which is the 38.20 % fibonacci retracement of the last 0.04 $ move.
4- PNM.DE current resistance level is at 0.06 which is the 23.60 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
PHENOMEDIA (PNM.DE) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.070 and 0.080, and is currently resisting at 0.069.
PHENOMEDIA (PNM.DE) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.070 and 0.080, and is currently resisting at 0.069.
PHENOMEDIA (PNM.DE) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.070 and 0.080, and is currently resisting at 0.069.

Stock Trading Conclusion:
PHENOMEDIA (PNM.DE) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.061, 0.062, 0.064, 0.065, 0.066, 0.069, 0.070, 0.080,.
Stock Support levels : 0.055, 0.050, 0.045, 0.030, 0.019,.