Postie Plus Group Limited Ordin (NZSE: PPG.NZ) (NZE:PPG) Stock Research Trends Targets and Technical Analysis - NZX New Zealand exchange [en]

Today we will analyze the stock Postie Plus Group Limited Ordin (PPG.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in Postie Plus Group Limited Ordin (PPG.NZ)
1- Last bullish trend was from 0.39 $ (2/11/2010) to 0.44 $ (2/16/2010) a 0.05 $ move 2- The current bearish trend started from 0.44 $ at 2/16/2010 and is currently trading at 0.40 $. 3- PPG.NZ current support level is at 0.39 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
4- PPG.NZ current resistance level is at 0.41 which is the 61.80 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Postie Plus Group Limited Ordin (PPG.NZ) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.390 and 0.380, and is currently supporting at 0.397.
Postie Plus Group Limited Ordin (PPG.NZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.390 and 0.370 that was broken down at 0.400 transforming into a resistance line.
Postie Plus Group Limited Ordin (PPG.NZ) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.370 .
9- The Stock formed a 0.080 $ height triangle.

Stock Trading Conclusion:
Postie Plus Group Limited Ordin (PPG.NZ) 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 : 0.402, 0.409, 0.409, 0.415, 0.415, 0.420, 0.421, 0.425, 0.428, 0.440,.
Stock Support levels : 0.397, 0.390, 0.376, 0.370,.