BROOKMOUNT EXPLORATN (OTC BB: BMXI.OB) (OTC:BMXI) Stock Research Trends Targets and Technical Analysis - OTC Over the bulletin board otcbb [en]

Today we will analyze the stock BROOKMOUNT EXPLORATN (BMXI.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in BROOKMOUNT EXPLORATN (BMXI.OB)
1- Last bullish trend was from 0.08 $ (2/23/2010) to 0.12 $ (2/25/2010) a 0.04 $ move 2- The current bearish trend started from 0.12 $ at 2/25/2010 and is currently trading at 0.08 $. 3- BMXI.OB current support level is at 0.07 which is the 127.20 % fibonacci retracement of the last 0.04 $ move.
4- BMXI.OB current resistance level is at 0.08 which is the 100.00 % fibonacci retracement of the last 0.04 $ 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.
BROOKMOUNT EXPLORATN (BMXI.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.120 .
BROOKMOUNT EXPLORATN (BMXI.OB) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.120 .
BROOKMOUNT EXPLORATN (BMXI.OB) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Top Pattern at 0.120 .

Stock Trading Conclusion:
BROOKMOUNT EXPLORATN (BMXI.OB) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading , 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 : 0.089, 0.095, 0.100, 0.100, 0.105, 0.111, 0.120,.
Stock Support levels : 0.069,.