Today we will analyze the stock PLATINUM AUSTRALIA L (PTNMF.PK) for internet stock trading in the PK stock market,
Stock Technical indicators to notice in PLATINUM AUSTRALIA L (PTNMF.PK)
1- Last bullish trend was from 0.10 $ (4/25/2012) to 0.14 $ (5/3/2012) a 0.04 $ move 2- The current bearish trend started from 0.14 $ at 5/3/2012 and is currently trading at 0.09 $.
3- PTNMF.PK current support level is at 0.09 which is the 127.20 % fibonacci retracement of the last 0.04 $ move.
4- PTNMF.PK current resistance level is at 0.10 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 becoming weaker.
PLATINUM AUSTRALIA L (PTNMF.PK) Short term stock chart patterns for internet stock trading :

6- The Stock formed a 0.090 $ height triangle which was broken down at 0.090 in higher than usual volume, target of the pattern is 0.000.
PLATINUM AUSTRALIA L (PTNMF.PK) Mid term stock chart patterns for internet stock trading :

7- The Stock formed a 0.090 $ height triangle which was broken down at 0.090 in higher than usual volume, target of the pattern is 0.000.
PLATINUM AUSTRALIA L (PTNMF.PK) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.090 $ height triangle which was broken down at 0.090 in higher than usual volume, target of the pattern is 0.000.

Stock Trading Conclusion:
PLATINUM AUSTRALIA L (PTNMF.PK) was trading in a strong 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 : 0.100, 0.102, 0.109, 0.111, 0.115, 0.115, 0.120, 0.121, 0.125, 0.131, 0.140,.
Stock Support levels : 0.089, 0.075, 0.000,.