Provident Community Bancshares (NASDAQ: PCBS) (NASDAQ:PCBS) Stock Research Trends Targets and Technical Analysis - Nasdaq market [en]

Today we will analyze the stock Provident Community Bancshares (PCBS) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Provident Community Bancshares (PCBS)
1- Last bullish trend was from 2.01 $ (3/5/2010) to 2.25 $ (3/11/2010) a 0.24 $ move 2- The current bearish trend started from 2.25 $ at 3/11/2010 and is currently trading at 2.00 $. 3- PCBS current support level is at 1.94 which is the 127.20 % fibonacci retracement of the last 0.24 $ move.
4- PCBS current resistance level is at 2.01 which is the 100.00 % fibonacci retracement of the last 0.24 $ move.
5- 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.
Provident Community Bancshares (PCBS) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.250 and 2.490, and is currently resisting at 2.241.
Provident Community Bancshares (PCBS) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 2.250 and 2.490, and is currently resisting at 2.241.
Provident Community Bancshares (PCBS) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 2.250 and 2.750, and is currently resisting at 2.235.

Stock Trading Conclusion:
Provident Community Bancshares (PCBS) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , 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 : 2.01, 2.06, 2.10, 2.10, 2.13, 2.13, 2.15, 2.16, 2.19, 2.23, 2.24, 2.25,.
Stock Support levels : 1.94,.