Today we will analyze the stock PRIME BANK (CT) (PMHV.OB) for internet stock trading in the OB stock market,
Stock Technical indicators to notice in PRIME BANK (CT) (PMHV.OB)
1- Last bullish trend was from 8.62 $ (11/6/2013) to 9.40 $ (12/5/2013) a 0.78 $ move 2- The current bearish trend started from 9.40 $ at 12/5/2013 and is currently trading at 8.55 $.
3- PMHV.OB current support level is at 8.41 which is the 127.20 % fibonacci retracement of the last 0.78 $ move.
4- PMHV.OB current resistance level is at 8.62 which is the 100.00 % fibonacci retracement of the last 0.78 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
PRIME BANK (CT) (PMHV.OB) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 8.620 that failed and formed a resistance.
7- The Stock was resisted by a resistance line, identified by two points: 9.400 and 9.480, and is currently resisting at 9.233.
PRIME BANK (CT) (PMHV.OB) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 4.210 $ height triangle which was broken down at 8.400 in higher than usual volume, target of the pattern is 4.190.
PRIME BANK (CT) (PMHV.OB) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 4.210 $ height triangle which was broken down at 8.400 in higher than usual volume, target of the pattern is 4.190.

Stock Trading Conclusion:
PRIME BANK (CT) (PMHV.OB) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 8.62, 8.75, 8.87, 8.92, 8.97, 9.01, 9.08, 9.10, 9.22, 9.23, 9.40, 9.82,.
Stock Support levels : 8.41, 8.14, 4.19,.