Today we will analyze the stock EAST ENERGY CORP. (Tier2) (EEC.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in EAST ENERGY CORP. (Tier2) (EEC.V)
1- Last bullish trend was from 0.40 $ (12/8/2009) to 0.42 $ (12/11/2009) a 0.02 $ move 2- The current bearish trend started from 0.42 $ at 12/11/2009 and is currently trading at 0.40 $.
3- EEC.V current support level is at 0.39 which is the 127.20 % fibonacci retracement of the last 0.02 $ move.
4- EEC.V current resistance level is at 0.40 which is the 100.00 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
6- Bullish Divergance in MACD Indicator .
EAST ENERGY CORP. (Tier2) (EEC.V) Short term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 0.400 .
8- The Stock formed a 0.030 $ height triangle.
EAST ENERGY CORP. (Tier2) (EEC.V) Mid term stock chart patterns for internet stock trading :

9- The Stock was resisted by a resistance line, identified by two points: 0.430 and 0.550 that was broken up at 0.410 transforming into a supporting line.
EAST ENERGY CORP. (Tier2) (EEC.V) Long term stock chart patterns for internet stock trading :

10- The Stock was resisted by a resistance line, identified by two points: 0.550 and 0.590, and is currently resisting at 0.467.

Stock Trading Conclusion:
EAST ENERGY CORP. (Tier2) (EEC.V) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 0.405, 0.408, 0.410, 0.412, 0.415, 0.420, 0.467.
Stock Support levels : 0.395, 0.388,.