Today we will analyze the stock GENENEWS LIMITED COM NPV (GEN.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in GENENEWS LIMITED COM NPV (GEN.TO)
1- Last bullish trend was from 0.17 $ (5/1/2012) to 0.18 $ (5/2/2012) a 0.01 $ move 2- The current bearish trend started from 0.18 $ at 5/2/2012 and is currently trading at 0.15 $.
3- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
GENENEWS LIMITED COM NPV (GEN.TO) Short term stock chart patterns for internet stock trading :

4- The Stock formed Double Top Pattern at 0.180 .
5- The Stock formed a 0.030 $ height triangle which was broken down at 0.170, target of the pattern is 0.140.
GENENEWS LIMITED COM NPV (GEN.TO) Mid term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 0.150 and 0.130,resistance between 0.180 and 0.160 which was broken down at 0.170.
GENENEWS LIMITED COM NPV (GEN.TO) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.130 and 0.120, and is currently supporting at 0.147.

Stock Trading Conclusion:
GENENEWS LIMITED COM NPV (GEN.TO) 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 : 0.157, 0.161, 0.165, 0.169, 0.180, 0.180, 0.210.
Stock Support levels : 0.147, 0.140,.