Today we will analyze the stock PREMIER GOLD MINES (P2O.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in PREMIER GOLD MINES (P2O.MU)
1- Last bullish trend was from 3.40 $ (4/25/2012) to 3.74 $ (4/30/2012) a 0.34 $ move 2- The current bearish trend started from 3.74 $ at 4/30/2012 and is currently trading at 3.52 $.
3- P2O.MU current support level is at 3.40 which is the 100.00 % fibonacci retracement of the last 0.34 $ move.
4- P2O.MU current resistance level is at 3.53 which is the 61.80 % fibonacci retracement of the last 0.34 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PREMIER GOLD MINES (P2O.MU) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 3.740 and 3.860, and is currently resisting at 3.696.
PREMIER GOLD MINES (P2O.MU) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 3.860 and 4.120 that was broken up at 3.500 transforming into a supporting line.
PREMIER GOLD MINES (P2O.MU) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
PREMIER GOLD MINES (P2O.MU) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 3.53, 3.57, 3.57, 3.60, 3.61, 3.61, 3.63, 3.66, 3.66, 3.70, 3.74,.
Stock Support levels : 3.40, 3.31, 3.21,.