Today we will analyze the stock THUNDELARRA EXPL (TJ3.MU) for internet stock trading in the MU stock market,
Stock Technical indicators to notice in THUNDELARRA EXPL (TJ3.MU)
1- Last bullish trend was from 0.11 $ (2/24/2012) to 0.12 $ (2/28/2012) a 0.01 $ move 2- The current bearish trend started from 0.12 $ at 2/28/2012 and is currently trading at 0.09 $.
3- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
THUNDELARRA EXPL (TJ3.MU) Short term stock chart patterns for internet stock trading :

4- The Stock traded in a bearish stock channel identifed by support at 0.110 and 0.120,resistance between 0.120 and 0.130 which was broken up at 0.090.
THUNDELARRA EXPL (TJ3.MU) Mid term stock chart patterns for internet stock trading :

5- The Stock traded in a bearish stock channel identifed by support at 0.110 and 0.120,resistance between 0.120 and 0.130 which was broken up at 0.090.
THUNDELARRA EXPL (TJ3.MU) Long term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.110 that failed and formed a resistance.
7- The Stock was resisted by a resistance line, identified by two points: 0.120 and 0.140 that was broken up at 0.100 transforming into a supporting line.

Stock Trading Conclusion:
THUNDELARRA EXPL (TJ3.MU) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.097, 0.101, 0.105, 0.109, 0.110, 0.120.
Stock Support levels : 0.078,.