Today we will analyze the stock GOLDEN QUEEN MNG COM NPV (GQM.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in GOLDEN QUEEN MNG COM NPV (GQM.TO)
1- Last bullish trend was from 2.45 $ (4/12/2012) to 2.55 $ (4/13/2012) a 0.10 $ move 2- The current bearish trend started from 2.55 $ at 4/13/2012 and is currently trading at 2.40 $.
3- GQM.TO current support level is at 2.39 which is the 161.80 % fibonacci retracement of the last 0.10 $ move.
4- GQM.TO current resistance level is at 2.42 which is the 127.20 % fibonacci retracement of the last 0.10 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
GOLDEN QUEEN MNG COM NPV (GQM.TO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 2.550 and 2.580, and is currently resisting at 2.502.
GOLDEN QUEEN MNG COM NPV (GQM.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 2.930 and 2.990, and is currently resisting at 2.704.
GOLDEN QUEEN MNG COM NPV (GQM.TO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.580 $ height triangle which was broken up at 2.970, target of the pattern is 3.550 which was broken down at 2.930 in higher than usual volume, target of the pattern is 2.350.

Stock Trading Conclusion:
GOLDEN QUEEN MNG COM NPV (GQM.TO) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 2.42, 2.44, 2.45, 2.46, 2.47, 2.49, 2.49, 2.50, 2.50, 2.51, 2.53, 2.55, 2.70, 3.55, 4.11.
Stock Support levels : 2.39, 2.35,.