Today we’ll analyze the stock WEST TIMMI MINING INC (WTM) for internet stock trading in the TSX stock market,
Stock Technical indicators to notice in WEST TIMMI MINING INC (WTM)
1- Last bearish trend was from 269.00$ (12/19/2008) to 243.25$ (12/26/2008) a 25.75$ move
2- The current bullish trend started from 243.25$ at 12/26/2008 and is currently trading at 263.40$.

3- WTM current support level is at 259.16 which is the 61.80% fibonacci retracement of the last 25.75$ move.
4- WTM current resistance level is at 269.00 which is the 100.00% fibonacci retracement of the last 25.75$ move.
5- According to ADX Indicator, the trend is currently strong bearish,which is becoming weaker.
WEST TIMMI MINING INC (WTM) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 269 and 274.1 that was broken up at 260 transforming into a supporting line.
WEST TIMMI MINING INC (WTM) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 243.25 and 241, and is currently supporting at 244.15.
WEST TIMMI MINING INC (WTM) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 243.25 and 241, and is currently supporting at 244.15.

Stock Trading Conclusion:
WEST TIMMI MINING INC (WTM) was trading in a strong bearish 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 : 269.00, 276.00, 284.91, 470.98, 474.68, 477.85, 478.38, 479.01, 480.11, 482.82, 512.07, 514.79, 517.52, 530.27, 533.60, 565.26, 565.49, 565.71.
Stock Support levels : 259.16, 258.64, 256.13, 255.70, 253.32, 253.09, 250.95, 249.33, 248.60, 244.15, 243.25,.