Today we will analyze the stock IVRNET INC. (Tier2) (IVI.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in IVRNET INC. (Tier2) (IVI.V)
1- Last bullish trend was from 0.03 $ (12/15/2011) to 0.07 $ (1/27/2012) a 0.04 $ move 2- The current bearish trend started from 0.07 $ at 1/27/2012 and is currently trading at 0.05 $.
3- IVI.V current support level is at 0.05 which is the 61.80 % fibonacci retracement of the last 0.04 $ move.
4- IVI.V current resistance level is at 0.05 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.
IVRNET INC. (Tier2) (IVI.V) Short term stock chart patterns for internet stock trading :

None.
IVRNET INC. (Tier2) (IVI.V) Mid term stock chart patterns for internet stock trading :

None.
IVRNET INC. (Tier2) (IVI.V) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
IVRNET INC. (Tier2) (IVI.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 : 0.055, 0.058, 0.060, 0.061, 0.062, 0.070,.
Stock Support levels : 0.045, 0.030, 0.019,.