Today we will analyze the stock PATRIOT MOTORCYCLES CORP (PMCY.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in PATRIOT MOTORCYCLES CORP (PMCY.PK)
1- Last bullish trend was from 0.01 $ (5/30/2008) to 0.03 $ (6/2/2008) a 0.02 $ move 2- The current bearish trend started from 0.03 $ at 6/2/2008 and is currently trading at 0.01 $.
3- PMCY.PK current support level is at 0.00 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- PMCY.PK current resistance level is at 0.01 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bullish,which is becoming weaker.
PATRIOT MOTORCYCLES CORP (PMCY.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 0.010 .
PATRIOT MOTORCYCLES CORP (PMCY.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.010 .
PATRIOT MOTORCYCLES CORP (PMCY.PK) Long term stock chart patterns for internet stock trading :

8- The Stock formed Double Bottom Pattern at 0.010 .

Stock Trading Conclusion:
PATRIOT MOTORCYCLES CORP (PMCY.PK) was trading in a 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 : 0.015, 0.018, 0.020, 0.022, 0.025, 0.030,.
Stock Support levels : 0.005,.