Today we will analyze the stock LUNDIN MINING (GXD.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in LUNDIN MINING (GXD.MU)
1- Last bullish trend was from 3.37 $ (4/25/2012) to 3.81 $ (4/27/2012) a 0.44 $ move 2- The current bearish trend started from 3.81 $ at 4/27/2012 and is currently trading at 3.51 $.
3- GXD.MU current support level is at 3.37 which is the 100.00 % fibonacci retracement of the last 0.44 $ move.
4- GXD.MU current resistance level is at 3.54 which is the 61.80 % fibonacci retracement of the last 0.44 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
LUNDIN MINING (GXD.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 3.370 and 3.320, and is currently supporting at 3.457.
LUNDIN MINING (GXD.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3.810 and 3.840, and is currently resisting at 3.805.
LUNDIN MINING (GXD.MU) Long term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 3.190 and 3.430,resistance between 3.840 and 4.070, the stock channel is currently supported from below by 3.013 and resisted from above by 3.542.

Stock Trading Conclusion:
LUNDIN MINING (GXD.MU) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 3.54, 3.58, 3.59, 3.62, 3.64, 3.66, 3.70, 3.71, 3.80, 3.81,.
Stock Support levels : 3.46, 3.43, 3.37, 3.25,.