Today we will analyze the stock HOUSTON LAKE MINING INC (Tier2) (HLM.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in HOUSTON LAKE MINING INC (Tier2) (HLM.V)
1- Last bearish trend was from 0.09 $ (1/27/2012) to 0.07 $ (2/1/2012) a 0.02 $ move 2- The current bullish trend started from 0.07 $ at 2/1/2012 and is currently trading at 0.08 $.
3- HLM.V current support level is at 0.08 which is the 50.00 % fibonacci retracement of the last 0.02 $ move.
4- HLM.V current resistance level is at 0.08 which is the 61.80 % fibonacci retracement of the last 0.02 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
HOUSTON LAKE MINING INC (Tier2) (HLM.V) Short term stock chart patterns for internet stock trading :

6- The Stock is trading in a stock channel between 0.070 $ and 0.090 $.

HOUSTON LAKE MINING INC (Tier2) (HLM.V) Mid term stock chart patterns for internet stock trading :

7- The Stock is trading in a stock channel between 0.070 $ and 0.090 $.

HOUSTON LAKE MINING INC (Tier2) (HLM.V) Long term stock chart patterns for internet stock trading :

8- The Stock is trading in a stock channel between 0.070 $ and 0.090 $.


Stock Trading Conclusion:
HOUSTON LAKE MINING INC (Tier2) (HLM.V) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .

Stock Resistance Levels : 0.082, 0.090, 0.095, 0.102.
Stock Support levels : 0.078, 0.078, 0.076, 0.075, 0.075, 0.074, 0.070,.