Today we will analyze the stock HARMONY GOLD MINING (HRM.L) for internet stock trading in the L stock market,
Stock Technical indicators to notice in HARMONY GOLD MINING (HRM.L)
1- Last bullish trend was from 627.65 $ (1/6/2012) to 658.70 $ (1/11/2012) a 31.05 $ move 2- The current bearish trend started from 658.70 $ at 1/11/2012 and is currently trading at 638.00 $.
3- HRM.L current support level is at 627.65 which is the 100.00 % fibonacci retracement of the last 31.05 $ move.
4- HRM.L current resistance level is at 639.51 which is the 61.80 % fibonacci retracement of the last 31.05 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
HARMONY GOLD MINING (HRM.L) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 658.700 .
HARMONY GOLD MINING (HRM.L) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 694.460 that failed and formed a resistance.
8- The Stock was resisted by a resistance line, identified by two points: 771.620 and 822.270, and is currently resisting at 693.343.
HARMONY GOLD MINING (HRM.L) Long term stock chart patterns for internet stock trading :

9- The Stock formed Double Bottom Pattern at 694.460 that failed and formed a resistance.
10- The Stock was resisted by a resistance line, identified by two points: 771.620 and 822.270, and is currently resisting at 693.343.

Stock Trading Conclusion:
HARMONY GOLD MINING (HRM.L) was trading in a strong bullish wave, which is becoming stronger .
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 : 639.51, 642.89, 643.18, 645.91, 646.84, 648.35, 650.79, 651.37, 658.70, 693.34, 694.46,.
Stock Support levels : 627.65, 619.20,.