Today we will analyze the stock ACTION MINERALS INC. (Tier2) (ATM.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in ACTION MINERALS INC. (Tier2) (ATM.V)
1- Last bearish trend was from 4.05 $ (5/1/2012) to 3.70 $ (5/2/2012) a 0.35 $ move 2- The current bullish trend started from 3.70 $ at 5/2/2012 and is currently trading at 4.00 $.
3- ATM.V current support level is at 3.92 which is the 61.80 % fibonacci retracement of the last 0.35 $ move.
4- ATM.V current resistance level is at 4.05 which is the 100.00 % fibonacci retracement of the last 0.35 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
6- Bearish Divergance in MACD Indicator .
ACTION MINERALS INC. (Tier2) (ATM.V) Short term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 3.700 and 3.450, and is currently supporting at 3.850.
ACTION MINERALS INC. (Tier2) (ATM.V) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 3.700 and 3.450, and is currently supporting at 3.850.
ACTION MINERALS INC. (Tier2) (ATM.V) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
ACTION MINERALS INC. (Tier2) (ATM.V) 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 : 4.05, 4.15, 4.27.
Stock Support levels : 3.93, 3.92, 3.89, 3.88, 3.85, 3.85, 3.83, 3.81, 3.78, 3.75, 3.70,.