Today we will analyze the stock IBERIAN MINERALS CORP (Tier2) (IZN.V) for internet stock trading in the V stock market,
Stock Technical indicators to notice in IBERIAN MINERALS CORP (Tier2) (IZN.V)
1- Last bullish trend was from 1.07 $ (4/24/2012) to 1.21 $ (4/25/2012) a 0.14 $ move 2- The current bearish trend started from 1.21 $ at 4/25/2012 and is currently trading at 1.09 $.
3- IZN.V current support level is at 1.07 which is the 100.00 % fibonacci retracement of the last 0.14 $ move.
4- IZN.V current resistance level is at 1.12 which is the 61.80 % fibonacci retracement of the last 0.14 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.
IBERIAN MINERALS CORP (Tier2) (IZN.V) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 1.070 and 0.790 that was broken down at 1.090 transforming into a resistance line.
IBERIAN MINERALS CORP (Tier2) (IZN.V) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 0.790 and 0.690 that was broken down at 1.090 transforming into a resistance line.
IBERIAN MINERALS CORP (Tier2) (IZN.V) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 0.690 and 0.640 that was broken down at 1.090 transforming into a resistance line.

Stock Trading Conclusion:
IBERIAN MINERALS CORP (Tier2) (IZN.V) was trading in a strong bullish 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 : 1.09, 1.12, 1.12, 1.14, 1.14, 1.15, 1.16, 1.16, 1.18, 1.21, 1.33, 1.47.
Stock Support levels : 1.07, 1.03,.