Today we will analyze the stock Pacificnet Inc. (PACT) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Pacificnet Inc. (PACT)
1- Last bullish trend was from 0.01 $ (9/16/2011) to 0.02 $ (9/19/2011) a 0.01 $ move 2- The current bearish trend started from 0.02 $ at 9/19/2011 and is currently trading at 0.01 $.
3- PACT current support level is at 0.01 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- PACT current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently strong bullish, which is getting stronger.
6- Bullish Divergance in MACD Indicator .
Pacificnet Inc. (PACT) Short term stock chart patterns for internet stock trading :

7- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.030,resistance between 0.020 and 0.040, the stock channel is currently supported from below by 0.002 and resisted from above by 0.012.
Pacificnet Inc. (PACT) Mid term stock chart patterns for internet stock trading :

8- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.030,resistance between 0.020 and 0.040, the stock channel is currently supported from below by 0.002 and resisted from above by 0.012.
Pacificnet Inc. (PACT) Long term stock chart patterns for internet stock trading :

9- The Stock traded in a bearish stock channel identifed by support at 0.010 and 0.030,resistance between 0.020 and 0.040, the stock channel is currently supported from below by 0.002 and resisted from above by 0.012.

Stock Trading Conclusion:
Pacificnet Inc. (PACT) was trading in a strong bullish wave, which is becoming stronger .
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 : 0.012, 0.014, 0.015, 0.016, 0.018, 0.020,.
Stock Support levels : 0.007,.