Today we will analyze the stock BOSS POWER CORP. (Tier2) (BPU.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in BOSS POWER CORP. (Tier2) (BPU.V)
1- Last bullish trend was from 59.37 $ (8/1/2008) to 61.62 $ (8/6/2008) a 2.25 $ move 2- The current bearish trend started from 61.62 $ at 8/6/2008 and is currently trading at 59.00 $.
3- BPU.V current support level is at 58.76 which is the 127.20 % fibonacci retracement of the last 2.25 $ move.
4- BPU.V current resistance level is at 59.37 which is the 100.00 % fibonacci retracement of the last 2.25 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
BOSS POWER CORP. (Tier2) (BPU.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 59.370 that failed and formed a resistance.
7- The Stock formed a 2.930 $ height triangle which was broken up at 59.000, target of the pattern is 61.930 which was broken down at 59.000 in higher than usual volume, target of the pattern is 56.070.
BOSS POWER CORP. (Tier2) (BPU.V) Mid term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 59.460 and 58.720 that was broken down at 60.040 transforming into a resistance line.
BOSS POWER CORP. (Tier2) (BPU.V) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
BOSS POWER CORP. (Tier2) (BPU.V) was trading in a strong bearish wave, which is becoming stronger .
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 : 59.37, 59.62, 60.00, 60.23, 60.31, 60.49, 60.62, 60.76, 61.09, 61.58, 61.62, 61.74, 61.91, 61.93, 64.09.
Stock Support levels : 58.76, 57.98, 56.07,.