Today we will analyze the stock GLOBAL MINERALS LTD (Tier2) (CTG.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in GLOBAL MINERALS LTD (Tier2) (CTG.V)
1- Last bullish trend was from 0.51 $ (1/31/2012) to 0.53 $ (2/1/2012) a 0.02 $ move 2- The current bearish trend started from 0.53 $ at 2/1/2012 and is currently trading at 0.50 $.
3- CTG.V current support level is at 0.50 which is the 161.80 % fibonacci retracement of the last 0.02 $ move.
4- CTG.V current resistance level is at 0.50 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
6- Bullish Divergance in MACD Indicator .
GLOBAL MINERALS LTD (Tier2) (CTG.V) Short term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 0.530 and 0.550, and is currently resisting at 0.510.
GLOBAL MINERALS LTD (Tier2) (CTG.V) Mid term stock chart patterns for internet stock trading :

8- The Stock formed a 0.150 $ height triangle which was broken down at 0.510 in higher than usual volume, target of the pattern is 0.360.
GLOBAL MINERALS LTD (Tier2) (CTG.V) Long term stock chart patterns for internet stock trading :

9- The Stock formed a 0.150 $ height triangle which was broken down at 0.510 in higher than usual volume, target of the pattern is 0.360.

Stock Trading Conclusion:
GLOBAL MINERALS LTD (Tier2) (CTG.V) was trading in a 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 : 0.505, 0.507, 0.510, 0.510, 0.511, 0.515, 0.518, 0.519, 0.520, 0.522, 0.525, 0.530, 0.556,.
Stock Support levels : 0.498, 0.360,.