Today we will analyze the stock DISCOVERY-CORP ENTERPRISES INC. (DCY.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in DISCOVERY-CORP ENTERPRISES INC. (DCY.V)
1- Last bullish trend was from 0.12 $ (4/30/2012) to 0.14 $ (5/3/2012) a 0.02 $ move 2- The current bearish trend started from 0.14 $ at 5/3/2012 and is currently trading at 0.13 $.
3- DCY.V current support level is at 0.13 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
4- DCY.V current resistance level is at 0.13 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
DISCOVERY-CORP ENTERPRISES INC. (DCY.V) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.120 $ and 0.140 $.

DISCOVERY-CORP ENTERPRISES INC. (DCY.V) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.120 $ and 0.140 $.

DISCOVERY-CORP ENTERPRISES INC. (DCY.V) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.120 $ and 0.140 $.


Stock Trading Conclusion:
DISCOVERY-CORP ENTERPRISES INC. (DCY.V) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.132, 0.134, 0.135, 0.135, 0.136, 0.140,.
Stock Support levels : 0.128, 0.120, 0.115, 0.110,.