Today we will analyze the stock Genesis Research and Development (GEN.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in Genesis Research and Development (GEN.NZ)
1- Last bullish trend was from 0.03 $ (1/13/2012) to 0.04 $ (1/16/2012) a 0.01 $ move 2- The current bearish trend started from 0.04 $ at 1/16/2012 and is currently trading at 0.03 $.
3- GEN.NZ current support level is at 0.03 which is the 127.20 % fibonacci retracement of the last 0.01 $ move.
4- GEN.NZ current resistance level is at 0.03 which is the 100.00 % fibonacci retracement of the last 0.01 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Genesis Research and Development (GEN.NZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.060, and is currently resisting at 0.035.
Genesis Research and Development (GEN.NZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.060, and is currently resisting at 0.035.
Genesis Research and Development (GEN.NZ) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.040 and 0.060, and is currently resisting at 0.035.

Stock Trading Conclusion:
Genesis Research and Development (GEN.NZ) 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 : 0.032, 0.034, 0.035, 0.035, 0.036, 0.036, 0.038, 0.040, 0.060.
Stock Support levels : 0.027,.