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 1.00 $ (7/28/2010) to 0.95 $ (8/19/2010) a 0.05 $ move 2- The current bullish trend started from 0.95 $ at 8/19/2010 and is currently trading at 1.00 $.
3- PRC.NZ current support level is at 1.00 which is the 100.00 % fibonacci retracement of the last 0.05 $ move.
4- PRC.NZ current resistance level is at 1.01 which is the 127.20 % fibonacci retracement of the last 0.05 $ move.
5- According to ADX Indicator, the trend is currently bullish, which is getting stronger.
Pike River Coal Limited Ordinar (PRC.NZ) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 0.950 and 0.930, and is currently supporting at 0.958.
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: 1.150 and 1.160, and is currently resisting at 1.088.
Pike River Coal Limited Ordinar (PRC.NZ) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.860 and 0.850, and is currently supporting at 0.865.

Stock Trading Conclusion:
Pike River Coal Limited Ordinar (PRC.NZ) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 1.01, 1.03, 1.09.
Stock Support levels : 0.99, 0.98, 0.98, 0.97, 0.96, 0.96, 0.95,.