Today we will analyze the stock DATACOM WIRELESS CORPORATION (T (DAT.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in DATACOM WIRELESS CORPORATION (T (DAT.V)
1- Last bullish trend was from 0.19 $ (9/10/2009) to 0.23 $ (9/16/2009) a 0.04 $ move 2- The current bearish trend started from 0.23 $ at 9/16/2009 and is currently trading at 0.21 $.
3- DAT.V current support level is at 0.21 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
4- DAT.V current resistance level is at 0.21 which is the 50.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
DATACOM WIRELESS CORPORATION (T (DAT.V) Short term stock chart patterns for internet stock trading :

6- The Stock formed Double Top Pattern at 0.230 .
DATACOM WIRELESS CORPORATION (T (DAT.V) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Top Pattern at 0.230 .
DATACOM WIRELESS CORPORATION (T (DAT.V) Long term stock chart patterns for internet stock trading :

8- The Stock was resisted by a resistance line, identified by two points: 0.230 and 0.240 that was broken up at 0.230 transforming into a supporting line.

Stock Trading Conclusion:
DATACOM WIRELESS CORPORATION (T (DAT.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 : 0.210, 0.215, 0.218, 0.220, 0.221, 0.222, 0.230,.
Stock Support levels : 0.205, 0.190, 0.179, 0.165,.