Pike River Coal Limited Ordinar (NZSE: PRC.NZ) (NZE:PRC) Stock Research Trends Targets and Technical Analysis - NZX New Zealand exchange [en]

Today we will analyze the stock Pike River Coal Limited Ordinar (PRC.NZ) for internet stock trading in the NZ stock market,
Stock Technical indicators to notice in Pike River Coal Limited Ordinar (PRC.NZ)
1- Last bearish trend was from 0.94 $ (2/23/2010) to 0.85 $ (3/3/2010) a 0.09 $ move 2- The current bullish trend started from 0.85 $ at 3/3/2010 and is currently trading at 0.93 $. 3- PRC.NZ current support level is at 0.91 which is the 61.80 % fibonacci retracement of the last 0.09 $ move.
4- PRC.NZ current resistance level is at 0.94 which is the 100.00 % fibonacci retracement of the last 0.09 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
Pike River Coal Limited Ordinar (PRC.NZ) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 0.940 and 0.980 that was broken up at 0.930 transforming into a supporting line.
Pike River Coal Limited Ordinar (PRC.NZ) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.940 and 1.060 that was broken up at 0.910 transforming into a supporting line.
Pike River Coal Limited Ordinar (PRC.NZ) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 1.060 and 1.170, and is currently resisting at 1.002.

Stock Trading Conclusion:
Pike River Coal Limited Ordinar (PRC.NZ) was trading in a strong bullish 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 : 0.940, 0.964, 0.996, 1.002.
Stock Support levels : 0.911, 0.908, 0.906, 0.899, 0.895, 0.890, 0.884, 0.881, 0.880, 0.871, 0.850,.